A manufacturer produces umbrellas. Theproduction rate is 400 per day. The monthlydemand for umbrellas is 3000 (and so usage perday is 100). Setup cost is $100 and holding cost is$1 per umbrella per month. What is the economicproduction quantity? (Use the nearest wholenumber)А.894В.775С.770D.693Е.541F.899G.835Н.620

Given data is Production rate(p) = 400 per day Demand(d) = 3000 Set up cost(S) =$100

Answered: A manufacturer produces umbrellas. The…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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A manufacturer produces umbrellas. The production rate is 500 per day. The monthly demand for umbrellas is 2100 (and so usage per day is 70). Setup cost is $60 and holding cost is $1 per umbrella per month. What is the economic production quantity? (Use the nearest whole number) OA. 775 OB. 541 OC. 835 OD. 620 OE. 894 OF. 693 O.G.502 OH.899
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