You are a production planner for stanley tools. stanley tools faces an annual demand of 1,000 screws. production rate is 8 screw

Question

2 years ago

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You are a production planner for stanley tools. stanley tools faces an annual demand of 1,000 screws. production rate is 8 screw

s per day. production setup cost is $10 per setup and annual holding cost is $2 per screw. stanley tools operates 250 days in a year. (a) what is the optimum production run quantity? (b) what is the maximum inventory level?

Business

1 answer:

kipiarov [429] · Answer 1 · 2022-04-11T06:25:54+03:00

kipiarov [429]2 years ago

4 0

<span>$2 per screw. stanley tools operates 250 days in a year.</span>