em 10. At the present, Roman Company produces 2,250 units of Product X per production r a total of 15 production runs per year. The company is considering to use the economic quantity model to determine the economic lot size and the number of production runs that inimise the total inventory carrying cost and set up cost for Product X. The following ation pertains to Roman's flagship Product X: Annual demand 33,750 units P15 Annual cost to hold one unit of Product X Costs to initiate a product run Beginning inventory P500 Zero

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