Long description

The results table, row by row descending, reads as follows:

  • Optimal production quantity, Q asterisk; 4000

  • Maximum Inventory; 1000

  • Average Inventory; 500

  • Number of Setups; 2.5

  • Blank cell; blank cell

  • Holding cost; 250

  • Setup cost; 250

  • Blank cell; blank cell

  • Unit costs; zero

  • Blank cell; blank cell

  • Total cost, T subscript lowercase c; 500

A graph titled Inventory: Cost versus Quantity is included on the solution screen. It is a line graph that plots out setup cost, holding cost, and total cost lines.

Get Quantitative Analysis for Management, 13/e now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.