Problem
A sausage factory can produce European wieners at a rate of 560 kg per day. It supplies wieners to local stores and restaurants at a steady rate of 90 kg per day. The cost to prepare the equipment for producing European wieners is $14. Annual holding cost is $4 per kg of wieners. The factory operates 300 days a year. (Round the final answers to the nearest whole number and mark the final answer RED.)
1. Calculate the optimal production run quantity. Optimal production run quantity kg.
2. Calculate the number of production runs per year. No. of production runs per year runs / year.
3. Calculate the length (in days) of a production run. Length of a production run day(s).