What is the economic production? quantity

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Reference no: EM131233828

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing? facility, in? Jakarta, the company produces subcomponents at a rate of 310 per? day, and it uses these sub components at a rate of 12,100 per year? (of 250 working? days). Holding costs are ?$33 per item per? year, and ordering costs are ?$2929 per order. ?a) What is the economic production? quantity? 540.38 units ?(round your response to two decimal? places).

Reference no: EM131233828

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