The Strong Tire Company uses the EPQ model to manufacture tires for all makes of cars. The Company can produce 320 tires daily. The set up cost for each production run is BD 100. The annual holding cost per tire is BD 5 and the Company operates 300 days a year. The annual demand for these tires is 57,600. Find the amount of inventory used to meet immediate demand during the production run. A. 480 B. 720 C. 1440 D. 840

The Strong Tire Company uses the EPQ model to manufacture tires for all makes of cars. The Company can produce 320 tires daily. The set up cost for each production run is BD 100. The annual holding cost per tire is BD 5 and the Company operates 300 days a year. The annual demand for these tires is 57,600. Find the amount of inventory used to meet immediate demand during the production run. A. 480 B. 720 C. 1440 D. 840

Name: The Strong Tire Company uses the EPQ model to manufacture tires for al
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Description: The Strong Tire Company uses the EPQ model to manufacture tires for all makes of cars.The Company can produce 320 tires daily. The set up cost for each production run is BD 100.The annual holding cost per tire is BD 5 and the Company operates 300 da

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter10: Introduction To Simulation Modeling

Section10.4: Simulation With Built-in Excel Tools

Problem 14P

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