Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company
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Question:
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.
a What is the economic production quantity? units
b How many production runs per year will be made?
c What will be the maximum inventory level?
round your response to two decimal places
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