Available capacity in production planning

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Reference no: EM132294893

1. Available capacity in production planning is:

the amount of inventory that can be held in a warehouse

the quantity of work that can be performed in a given period of time

a measure of the ability of a plant to consume raw materials

all of the above

none of the above

2. ________ is concerned with very short-term detailed planning of the flow of orders through manufacturing:

Production planning

Master production scheduling

MRP

Production activity control

Master planning

3. Meyer Stores carries a specialty line of flavored syrups. One of the most popular of these is raspberry syrup which sells, on average, 80 bottles per week. Meyer’s cost is $8 per bottle. Meyer has determined its order cost to be $100 and inventory carrying cost is 33.0 percent. Meyer is open for business 52 weeks per year.

What is the EOQ for the raspberry syrup?

Reference no: EM132294893

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