Business, 13.07.2020 23:01 melissadelcid43

Adovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production facility 300300 days per year. It has orders for about 11 comma 80011,800 flashing lights per year and has the capability of producing 9595 per day. Setting up the light production costs $4848. The cost of each light is $0.950.95. The holding cost is $0.100.10 per light per year. 1. What is the optimal size of the production run?
2. What is the average holding cost per year?
3. What is the average setup cost per year?
4. What is the total cost per year, including the cost of the lights?

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Adovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company...

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