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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 8
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 subcomponets at a rate of per yearof working days Holding costs are $ per item per year, and ordering costs are $ per order. aWhat is the economic production quantity? bHow many production runs per year will be made? c What will be the maximum inventory level? d What percentage of time will the facility be producing components?
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