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Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 2 9
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of per day, and it uses these subcomponents at a rate of per yearof working days Holding costs are $ per item per year, and ordering costs are $ per order.
Part
a What is the economic production quantity? units round your response to two decimal places
Part
b How many production runs per year will be made? production runs round your response to two decimal places
Part
c What will be the maximum inventory level? units round your response to two decimal places
Part
d What percentage of time will the facility be producing components? enter your response as a percentage rounded to two decimal places
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