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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 3 1
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 year of working days Holding costs are $ per item per year, and ordering costs are $ per order. a What is the economic production quantity? units round your response to two decimal places b How many production runs per year will be made? production runs round your response to two decimal places c What will be the maximum inventory level? units round your response to two decimal places d What percentage of time will the facility be producing components? enter your response as a percentage rounded to two decimal places e What is the annual cost of ordering and holding inventory? $round your response to two decimal places
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 year of working days Holding costs are $ per item per year, and ordering costs are $ per order.
a What is the economic production quantity? units round your response to two decimal places
b How many production runs per year will be made? production runs round your response to two decimal places
c What will be the maximum inventory level? units round your response to two decimal places
d What percentage of time will the facility be producing components? enter your response as a percentage rounded to two decimal places
e What is the annual cost of ordering and holding inventory? $round your response to two decimal places
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