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QUESTION 1 A manufacturer produces an item with a production capacity of 9 4 6 units per 7 - hour shift. The annual demand of

QUESTION 1
A manufacturer produces an item with a production capacity of 946 units per 7-hour shift. The annual demand of the item is 44220 units. Preparation costs are $55 each time an order is
placed; the carrying cost rate is $0.2 per dollar of inventory per year and the units cost $3 each. Assuming that the plant works one shift a day, 4 days a week and 51 weeks a year, what is the
optimal production order quantity? Write your answer to 1 decimal place.
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