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b. The demand for an item is 15000 per year. Its production rate is 300 per month. The carrying cost is Rs. 0.50/unit/month and the set up cost is Rs. 400 per set up. the shortage cost is Rs. 30 per unit per year. Find various Parameters of inventory system.

b. The demand for an item is 15000 per year. Its production rate is 300 per month. The carrying cost is Rs. 0.50/unit/month and the set up cost is Rs. 400 per set up. the shortage cost is Rs. 30 per unit per year. Find various Parameters of inventory system.

Practical Management Science
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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b. The demand for an item is 15000 per year. Its production rate is 300 per month. The carrying cost is Rs. 0.50/unit/month and the set up cost is Rs. 400 per set up. the shortage cost is Rs. 30 per unit per year. Find various Parameters of inventory system.
Transcribed Image Text:b. The demand for an item is 15000 per year. Its production rate is 300 per month. The carrying cost is Rs. 0.50/unit/month and the set up cost is Rs. 400 per set up. the shortage cost is Rs. 30 per unit per year. Find various Parameters of inventory system.
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