A company produces a product with annual demand 5000 units The holding cost is lof units per year production cost is 150 . for each production cycle. The machines produce have capacity of 7500 units per year. The number of working days in a year is 250 for this inventory model with continuous supply find:
- Optimal production quantity. - Time between 2 production cycles. - Maximum level of the inventory. - Total minimal yearly cost. - Lelustrate the model graphically.