A company uses a production quantity of q692 on each, Financial Management

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A company uses a production quantity of q692 on each

A company uses a production quantity of Q=692 on each production run (this may or may not be optimal – do not solve for Q). The company works 242 days per year. The holding cost per unit per year is $5 and the setup cost for each production run is $26. Daily demand is 45 per day and daily production is 70 per day. The total annual holding plus setup costs are: (round to the nearest dollar)

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Financial Management: A company uses a production quantity of q692 on each

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