What should be the optimum production quantity

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Reference no: EM131041664

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakata, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponents at a rate of 12,500 per year (of 250 working days). Holding costs are $2 per item per year, and ordering costs are $30 per order.

What should be the optimum production quantity?

What is the maximum inventory achieved during a production run?

What is the average inventory?

What is the cycle time (number of days in a run)?

What is the run time (time of producing in a cycle)?

What is the total annual cost of producing and storing inventory?

Reference no: EM131041664

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What should be the optimum production quantity : Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakata, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponents at a rate of 12,500 per year (of 250 working days). What..

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