Business, 01.07.2020 18:01 aallyssabrown0120

Bryson Carpet Mills produces a variety of different carpets. Changing from production of one carpet to another involves a setup cost of $500 (This is the "order cost"). One particular carpet costs $8/yard to produce. Annual demand for this style is 50,000 yards. Bryson Mills produces carpet 200 days per year. The production process is most efficient when 2,000 yards/day are produced. Inventory carrying cost is estimated at 20 percent annually. What should be the production order quantity

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Bryson Carpet Mills produces a variety of different carpets. Changing from production of one carpet...