A firm wants to develop a level material use schedule based on the following data
What should be the setup cost?
Desired lot size: 60
Annual demand: 40,000
Holding cost: $20 per unit per year
Daily production rate: 320
Work days per year: 250
A) $0.45
B) $4.50
C) $45
D) $450
E) $500
A
Business
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