A company produces 4800 parts per day and sells them at


A company produces 4800 parts per day and sells them at approximately half of that rate. The set-up cost is Rs.1000 and carrying cost is Rs.5 per units. The annual demand is 480,000 units. Find:

(a) Optimal lot size

(b) Number of production run that should be scheduled per year

(c) Length of each production run

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Accounting Basics: A company produces 4800 parts per day and sells them at
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