A computer production facility has a daily demand rate of 6 and a daily production rate of 20. Set up costs are $100 per order. They have calculated that the economic order quantity is 300 computers. Given this info, what is the best economic production quantity? choose one answer: a) not enough info provided to answer this question approx 360 b)computers per order approx 50 c)computers per order 548 d)approx 420 computers per order

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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A computer production facility has a daily demand rate of 6 and a daily production rate of 20. Set up costs are $100 per order. They have calculated that the economic order quantity is 300 computers. Given this info, what is the best economic production quantity? choose one answer: a) not enough info provided to answer this question approx 360 b)computers per order approx 50 c)computers per order 548 d)approx 420 computers per order
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