Thursday, 11 June 2015

Optimal Order QuaaOptimal Order Quantity in Productionntity

Problem 1 Dulles Electric Company buys 1 million tons of coal annually to burn at its power plant. The company wants to invest in a unit train that will haul coal from the mine to the power house, where it is dumped in a large field. The shipping cost is expected to be $40 a ton. The cost of capital to Dulles is 10% per annum



Optimal Order QuaaOptimal Order Quantity in Productionntity

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