Rolf Steps is the production manager for a local manufacturing firm. This company produces staplers


Question: 2 Rolf Steps is the production manager for a local manufacturing firm. This company produces staplers and other items. The annual demand for a particular stapler is 1,600 units. The holding cost is $2 per unit per year. The cost of setting up the production line for this is $25. There are 200 working days per year. The production rate for this product is 80 per day. How many units should Rolf produce each time he starts production of this product if he wishes to minimize total inventory cost (round answer to nearest unit)?

Price: $2.99
Solution: The solution consists of 1 page
Deliverables: Word Document

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