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A chemical firm produces sodium n 100-pounds bags. Demand for this product is 25 tons per day. The capacity to produce the product is 75 tons per day. Setup costs $1500.00 and storage and handling costs are 55 per ton per year. The firm operates 300 days a year.(note: one ton is 2000 pounds) How many bags per run are optimal? What would the average inventory for this. Determine the approximate length of a production run in days. About how many runs per year would there be?
A newspaper publisher uses roughly 850 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers. What is the appropriate reorder point quantity
Holding expenses of inventory are 24% of purchase price every year. Elucidate how much should be ordered each time to minimize total cost.
xplain from beginning to end the supplier - customer relationship both internally also externally of the organization also why it is important to understand the existence of this relation in producing the final product/service to the ultimate cust..
Case study of Rittenhouse Medical
Each time they order it cost the company 150 dollars. Using the price break table below please decide illustrate what the optimal number to order would be for this company.
Currently manager orders once a month. Explain how much could industry save annually in ordering and carrying costs by using EOQ.
Each display costs $18.80 also there is an ordering cost of $75 regardless of size of order. Company uses a stock-out cost of $400 per display also 40% of annual interest rate is used to compute holding costs. HK works 52 weeks in a year.
A time standard was set at 0.20 hour per unit based on the 50th unit produced. If the task has a 90% learning curve Illustrate what would be the expected time of the 100th, 200th also 400th unit.
Elucidate how can we keep the stereotypes we have from interfering with the way we work in team projects. Identify TWO specific things you could do to help prevent stereotypes from inhibiting effective team relationships.
Illustrate what o r factors are relevant to this issue. Elucidate how do changes in assumptions mentioned by o r managers affect proposal. Illustrate what position should Jim take.
Elucidate how many immediate parents (one level above) does item I have. Elucidate how many immediate parents does item E have. Elucidate how man unique components does product A have at all levels. Which of components are purchased items.
Illustrate what is the maximum number of flower pots which are held in inventory in a given ordering cycle. Depend on info below.
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