Answered step by step
Verified Expert Solution
Link Copied!

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

image text in transcribed
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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions