Illustrate what percentage of time will facility be produce

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Reference no: EM1373958

Q. A company produces subcomponents at a rate of 300 per day and uses these subcomponents at a rate of 12500 per year (or 250 working days). Holding costs are $2 per item per year and ordering costs are $30 per order.

Illustrate what percentage of time will the facility be producing components?

Reference no: EM1373958

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