Answer:
economic production quantity= 2024.6 units
Explanation:
<em>The optimal production run is the economic batch units that minimizes the balance of set-up cost and holding cost. It can be determined by adjusting the economic order quantity (EOQ) model for gradual replenishment ,
</em>
EBQ = √(2× Co× D)/Ch(1-D/R)
EBQ- Economic /optimal production run
Co- set-up cost per run
Ch- holding cost per unit per annum
D- Annual Supply- 9800× 280
Production rate per day-5000
Optimal production run
= √(2× 320× 265×250)/11.50×(1-250×250/1650 ×250)
= 2024.6 units
A long-term loan usually has lower interest rate
Companies persisted for so long because business managers kept a good readout way for governors
Answer:
Business Analytics
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question this is an example of Business Analytics. This term refers to the process of investigating past business performance and statistics in order to gain insight and increase sales by creating a new business plan. Which is what Finn is doing by reviewing the previous years sales data.
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