Multiple Choice
The setup cost to make carpets is $20 per setup.The holding cost is $1.75 per yard per year,and the annual demand is 12,000 yards of carpet per year.The manufacturing facility operates 300 days,and 120 yards of the carpet are produced per day.In this example,______.
A) the daily demand rate is 12,000/365
B) the daily demand rate is 12,000/300
C) the daily production rate is 12,000/300
D) the daily production rate is 12,000/300.
Correct Answer:
Verified
Correct Answer:
Verified
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