MGT 3110: Exam 2 Study Guide
What is the average number of orders per year? What is the average time between orders in days? What is the annual total cost? Montegut Manufacturing produces a product for which the annual demand is 10,000. Production averages 100 per day, while demand is 40 per day. Holding costs are $1.50 per unit per year; set-up costs $200.00. ................
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