Question
In this problem where shortages are not permitted, the appropriate parameters are K(= 12,000): fixed cost of a replenishment order, h(= 0.30): inventory carrying cost
In this problem where shortages are not permitted, the
appropriate parameters are
K(= 12,000): fixed cost of a replenishment order,
h(= 0.30): inventory carrying cost per unit per period,
a(= 8,000): demand rate in units per period,
what is the optimum production level and cycle time?
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Financial Accounting An Introduction
Authors: Alex Watson, Jacqui Kew
5th Edition
0190425520, 978-0190425524
