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Scenario C.1 Jerry Allison Is in Charge of Production for a Small

question 30

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Scenario C.1
Jerry Allison is in charge of production for a small producer of plumbing supplies. The cricket model has an estimated annual demand of 12,000 units and can be produced at a production rate of 90 units per day. The company produces (and sells) the cricket 300 days per year. Setup cost to produce this model averages $22 and the item has a holding cost of $3 per unit per year.
-Use the information in Scenario C.1. What is the maximum inventory if Jerry chooses to produce at the economic production lot size (ELS) ?


Definitions:

Depolarization

A reduction in the difference in electrical charge across a cell's plasma membrane, which is a crucial step in the conduction of impulses along nerve cells.

Voltage-Gated

Ion channels that open or close in response to changes in membrane potential, playing key roles in the transmission of neural impulses.

Myelin Sheaths

Protective coverings around nerve fibers made of myelin, which increase the speed at which impulses propagate along the myelinated fiber.

PNS

Peripheral Nervous System, which consists of the nerves and ganglia outside of the brain and spinal cord.

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