Cancune offers a scented candle which has a monthly demand of 360 boxes

1. Cancune offers a scented candle which has a monthly demand of 360 boxes. Candles can be produced at a rate of 36 boxes per day and the shop operates 30 days a month. Demand is uniform over the month. Set up cost is $60 for a production run and holding cost is $2 per box per month.If the firm decides that a production run should be 360 boxes, how many days in a production run?
10 days
12 days
15 days
20 days
30 days

2. Cancune offers a scented candle which has a monthly demand of 360 boxes. Candles can be produced at a rate of 36 boxes per day and the shop operates 30 days a month. Demand is uniform over the month. Set up cost is $60 for a production run and holding cost is $2 per box per month.If the firm decides that a production run should be 360 boxes, determine the maximum inventory Cancune would carry
60 boxes
120 boxes
240 boxes
600 boxes
1080 boxes

3. Cancune offers a scented candle which has a monthly demand of 360 boxes. Candles can be produced at a rate of 36 boxes per day and the shop operates 30 days a month. Demand is uniform over the month. Set up cost is $60 for a production run and holding cost is $2 per box per month.If the firm decides that a production run should be 360 boxes, what would be the length of an inventory cycle?
10 days
20 days
24 days
30 days
36 days

4. Cancune offers a scented candle which has a monthly demand of 360 boxes. Candles can be produced at a rate of 36 boxes per day and the shop operates 30 days a month. Demand is uniform over the month. Set up cost is $60 for a production run and holding cost is $2 per box per month.Determine the economic run size
180 boxes
360 boxes
500 boxes
600 boxes
720 boxes

5. Cancune offers a scented candle which has a monthly demand of 360 boxes. Candles can be produced at a rate of 36 boxes per day and the shop operates 30 days a month. Demand is uniform over the month. Set up cost is $60 for a production run and holding cost is $2 per box per month.For the economic run size, what is the monthly incremental inventory cost?
$120
$240
$300
$360
$480