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A manufacturer produces umbrellas. The production rate is 400 per day. The monthly demand for umbrellas is 3000 (and so

Posted: Sun May 08, 2022 4:31 pm
by answerhappygod
A manufacturer
produces umbrellas. The production rate is 400 per day. The monthly
demand for umbrellas is 3000 (and so usage per day is 100). Setup
cost is $100 and holding cost is $1 per umbrella per month. What is
the economic production quantity? (Use the nearest whole
number)
894
775
770
693
541
899
835
620