The production order quantity for this problem is approximately 332 units. daily demand rate = 64; daily production rate = 100. What is the average inventory on - hand ( in other words - the inventory for which you are paying Holding Costs ) In this problem ?

Practical Management Science
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ISBN:9781337406659
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Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The production order quantity for this problem is approximately 332 units. daily demand rate = 64; daily production rate = 100. What is the average inventory on - hand ( in other words - the inventory for which you are paying Holding Costs ) In this problem ? 

daily demand
daily production
production order quantity
64 units per day
100 unit per day
332 units per order
EMER
Transcribed Image Text:daily demand daily production production order quantity 64 units per day 100 unit per day 332 units per order EMER
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