Jj sells their product for 50 and it costs them 30 to, Operation Management

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Jj sells their product for 50 and it costs them 30 to

Suppose that JJ Inc. has a production rate of 250,000 units per year, and a demand of 800 per day. JJ has a setup cost of $40, and a holding cost percentage of 25%. JJ sells their product for $50, and it costs them $30 to produce it. If JJ works for 250 days per year, what is the optimal batch size? SHOW WORK

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Operation Management: Jj sells their product for 50 and it costs them 30 to

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Operation Management: Jj sells their product for 50 and it costs them 30 to

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