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Business, 26.08.2020 18:01 blacee01

Assume that a production line operates such that the production lot size model of Section 10.2 is applicable. Given D = 6400 units per year, Co = $100, and Ch = $2 per unit per year, compute the minimum cost production lot size for each of the following production rates:a. 8000 units per yearb. 10,000 units per yearc. 32,000 units per yeard. 100,000 units per year

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