# Inventory Control for quantitative analysis

FratBro23
Category:
Statistics
Price: \$5 USD

Question description

Rolf Steps is the production manager for a local manufacturing firm. This company produces staplers and other items. The holding cost is \$2 per unit per year. The cost of setting up the production line for this is \$25. There are 200 working days per year. The production rate for this product is 80 per day. If the production order quantity is 200 units, what was the daily demand (rounded to the nearest whole unit)?

Must have the following with the answer:

a.) write the equation(s) used, b.) the numerical values for each  variable in the equation, c.) the numerical values for the variables plugged into the equation(s), d.) the final answer.

Studypool has helped 1,244,100 students

1826 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors