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(Solved): A shop that makes candles offers a scented candle. which has a monthly demand of 360 boxes. Candles ...




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A shop that makes candles offers a scented candle. which has a monthly demand of 360 boxes. Candles can be produced at a rate of 36 boxes per day. The shop operates 20 days a month. Assume that demand is uniform throughout the month. Setup cost is for a run, and holding cost is per box on a monthly basis. What is the daily usage rate? (Fill in only number, no units.) What should be the optimum quantity of scented candles to produce? (Keep two decimals, fill in only number, no unit.)


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