maximum level of inventory level.

Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
Section: Chapter Questions
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In a machine shop, pins of 15 mm dia. are
produced at arate of 1000 per month and the
same is consumed at a rate of 500 per month.
The production and consumption continue
simultaneously till the max. inventory is reached.
Then inventory is allowed to reduce to zero due
to consumption. The lot size of production is
1000. If backlog is not allowed. Determine
maximum level of inventory level.
Transcribed Image Text:In a machine shop, pins of 15 mm dia. are produced at arate of 1000 per month and the same is consumed at a rate of 500 per month. The production and consumption continue simultaneously till the max. inventory is reached. Then inventory is allowed to reduce to zero due to consumption. The lot size of production is 1000. If backlog is not allowed. Determine maximum level of inventory level.
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