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Race One Motors is an Indonesian car manufacturer. At its largest manufacturing plant the company produces subcomponents at rate of 300 per day. The dally
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing plant the company produces subcomponents at rate of 300 per day. The dally demand is 150 units and plant operates 320 days per year. the hoiding cost is $3 per unit per year and set up cost is $150. Find the total variable cost for the optimal production order quantity
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