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Business, 06.04.2021 02:50 deku6

Go Tech! manufacturing makes and sells specialty hubcaps for the retail automobile aftermarket. Their forecast for its wire-wheel hubcap is 2,000 units next year, with an average daily demand of 4 units. However, the production process is most efficient at 8 units per day. So the company produces 8 per day but uses only 4 per day. (Note. The plant schedules production of this hubcap only as needed, during the 250 days per year the shop operates). If the Setup costs are $10, and their Carrying Costs are $0.50 per unit per year, what is the Optimum Production Order Quantity

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