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Pattaya Specialty Foods can produce its famous meat pies at a rate of 1 , 6 5 0 cases of 4 8 mango pies each
Pattaya Specialty Foods can produce its famous meat pies at a rate of cases of mango pies each per day. The firm distributes the mango pies to regional stores and restaurants at a steady rate of cases per day. The cost of setup, cleanup, idle time in transition from other products to pies, etc., is $ Annual holding costs are $ per case. Assume days per year.
a Determine the optimum production run batch size
b Determine the number of production runs per year.
c Determine maximum inventory.
d Determine total inventoryrelated setup and carrying costs per year rounded to the nearest dollar
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