Determine lot size for company to minimize total annual cost

Reference no: EM13139822

The annual holding cost rate is 28% of the value of the inventory. The per unit cost of finished product is $19. The production rate is constant and equivalent to 60,000 units per year.

Determine the lot size for Company B that wold minimize total annual cost by using the economic production lot size model.

Reference no: EM13139822

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