23. A company is presently having a production run of 500 units every 3 months. He is...
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23. A company is presently having a production run of 500 units every 3 months. He is considering a review of its production-lot size decision. The relevant information is given below:
Would you recommend a change in the current production-lot size? Why?
What will be the cost saving, if anY, as a result of change? (M Com, Delhi, 2003)
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