Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Raco One Motors is an indonesian car manufacturer. At its largest manufacturng facility, n uakarta, the company peochoes subcomponeres at a rate of 305 per
Raco One Motors is an indonesian car manufacturer. At its largest manufacturng facility, n uakarta, the company peochoes subcomponeres at a rate of 305 per day, and it uses these subcomponents at a rate of 12,100 per year (of 250 working days). Holding costs are $2 per item per year, and ordering coats are $20 per order. a) What is the coonomic production quartity? unis (round your response to two decimal places). b) How many prodoction funs per year wili be made? production funs (round your response to two decimal paces) c) What will be the maximum inventory level? units (round your response to two decinar paces). d) Wrat percentage of time wilt the facility be prooucing components? (enver your response as a percentage rounded to two decimat places) e) What is the annual cost of oedering and holaing inventory? (round your regponse to two decimal places)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started