Question
Lucy's Cookies sells 6,000 biscuit cases per year. Biscuits are produced at a rate of 1,200 cases of biscuits per day. The case cost is
Lucy's Cookies sells 6,000 biscuit cases per year. Biscuits are produced at a rate of 1,200 cases of biscuits per day. The case cost is $ 27.5 . Holding cost is 20% of the case cost. Set-up cost is $ 11,500 . Calculate the Economic Production Quantity (EPQ) in cases.
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Handbook Of Asian Finance REITs Trading And Fund Performance
Authors: David Lee, Greg N. Gregoriou
1st Edition
0128009861, 978-0128009864
