25. You are given the following information regarding the production-lot size of a particular product: Rising interest

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25. You are given the following information regarding the production-lot size of a particular product:

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Rising interest rates and other costs have caused a 10% increase in the annual holding costs. Determine the new optimum production lot size for the product. (M Com, Delhi, 1995)

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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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25. You are given the following information regarding the production-lot size of a particular product: Rising interest

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Annual demand : 5,000 units Set-up costs : Rs 100 per set-up Daily demand : 17 units Production rate Optimal production-lot size 50 units per day 275 units

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Quantitative Techniques In Management

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