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The Ostrya Virginiana furniture company produces wooden chairs. The demand for chairs is 4,000 units per month. The setup cost for production is $250, and the holding cost is $20 per chair per year. The production rate is 800 chairs per day. Assume 30 working days per month. Determine the following:
D (annual demand), S, H, p, u
EPQ
Run time
Sagot :
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