22. The annual demand for a product is 1,00,000 units. The rate of production is 2,00,000 units...

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22. The annual demand for a product is 1,00,000 units. The rate of production is 2,00,000 units per year.

The set-up cost per production run is Rs 5,000 and the variable production cost of each item is Rs 10.

The annual holding cost per unit is 20% of its value. Find the optimum production lot size and the length of the production run.

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Quantitative Techniques In Management

ISBN: 99835

4th Edition

Authors: N D VOHRA

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Question Posted: Aug 30, 2024 07:01 AM

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22. The annual demand for a product is 1,00,000 units. The rate of production is 2,00,000 units...

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Quantitative Techniques In Management

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