What is the annual cost of ordering and holding? inventory

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Race One Motors is an Indonesian car manufacturer. At its largest manufacturing? facility, in? Jakarta, the company produces subcomponents at a rate of 285 per? day, and it uses these subcomponents at a rate of 12,600 per year? (of 250 working? days). Holding costs are ?$3 per item per? year, and ordering costs are ?$29 per order. ?a) What is the economic production? quantity? nothing units ?(round your response to two decimal? places). ?b) How many production runs per year will be? made? nothing production runs ?(round your response to two decimal? places). ?c) What will be the maximum inventory? level? nothing units ?(round your response to two decimal? places). ?d) What percentage of time will the facility be producing? components? nothing?% ?(enter your response as a percentage rounded to two decimal? places). ?e) What is the annual cost of ordering and holding? inventory? ?$ nothing ?(round your response to two decimal? places).

Reference no: EM131801635

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