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Business, 18.01.2021 23:20 salvadorperez26

A company uses the finite replenishment model to determine the optimal quantity to produce. There are days a year over which demand and production occur. The daily demand is , and the production rate is per day. The setup cost for production is $ per setup. Assuming that the carrying cost is percent of the item's $ cost, what is the length, in days, of a production run if the company produces the replenishment quantity that minimizes its inventory-related costs?

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