Hello Sir. Please I want you to help me with this question:
A company used 36,000 lyres to make a car wheel every yr. The company makes it own tyres at a rate of $500 per day, carrying cost of $2 per tyres p.a. If the company takes 240 days of the yr, and each production runs incured set-up cost of $40. What is the: i) EOQ ii) Annual set-up and carrying cost iii) Cycle time for EOQ iv) Run time
Why are you attempting questions for which you do not have the answer? You should be using a Revision Kit from one of the ACCA approved publishers because they have exam standard questions, and they also have answers together with workings/
This question could not be asked in Paper F9 because they are making their own tyres rather than buying externally. Making their own could only be asked in Paper F2.