Problem #2 - Brown Manufacturing-Modifled, from textbook page #198 If the annual demand Is reduced to 8,000 units, the set-up costs increased to $120, Inventory carrying cost Increased to $0.60 per unit per year and the demand during the production perlod is maintalned at 60 units per day and 80 units can be manufactured daily, calculate ( The optimum production quantity (Q*) per production run (or per production lot). а. b. I The length of each production run. The number of production runs per year.

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter10: Systems Of Equations And Inequalities
Section10.FOM: Focus On Modeling: Linear Programming
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Problem #2 - Brown Manufacturing-Modified, from textbook page #198
If the annual demand is reduced to 8,000 units, the set-up costs increased to $120, inventory carrying cost increased
to $0.60 per unit per year and the demand during the production period is maintained at 60 units per day and 80
units can be manufactured daily, calculate
( The optimum production quantity (Q*) per production run (or per production lot).
а.
b. t
The length of each production run.
C.
The number of production runs per year.
Page 2 of 4
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Transcribed Image Text:Problem #2 - Brown Manufacturing-Modified, from textbook page #198 If the annual demand is reduced to 8,000 units, the set-up costs increased to $120, inventory carrying cost increased to $0.60 per unit per year and the demand during the production period is maintained at 60 units per day and 80 units can be manufactured daily, calculate ( The optimum production quantity (Q*) per production run (or per production lot). а. b. t The length of each production run. C. The number of production runs per year. Page 2 of 4 CS Scanned with CamScanner,
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