Sarah owns and operates a small factory that manufactures plastic bottles which she sells to
bottling companies.
Additional information:
Annual demand is 1 million bottles spread evenly over the year
Setup cost is $5000 per batch
Holding cost is $3 per annum for each bottle
Maximum production capacity is 2 million bottles per annum
Currently, bottles are manufactured in 10 batches
A.
Find the optimum production quantity that Sarah should produce to minimize her cc
B.
Calculate the current annual holding cost and setup cost
Answers
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Answer:
When Ray of light enters a prism, it bends because of reflection of light. When the Ray of light finally emerges out of the prism it deviates dramatically from its original path.
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