Calculate the economic production quantity for seat brackets

Assignment Help Operation Management

Reference no: EM132290381

Acme stamping produces seat brackets for a major manufacturer of stadium seating. They sell an average of 54,000 brackets per year. Their stamping machine operates for 8 hours per day, 250 days per year and can produce 150 brackets per hour. It costs them $310 to set up the stamping machine for a production run. The brackets cost $0.47 each to make, and Acme uses 10% of the unit cost to estimate the annual inventory holding cost. Calculate the economic production quantity for seat brackets.

Reference no: EM132290381

Questions Cloud

Calculate economic production quantity : Heywood Products manufactures plastic fuel tanks for use in chain saws. Calculate the economic production quantity.

Define components to building an effective csirt team : Search "scholar.google" or your textbook. Include at least 250 words in your reply. Indicate at least one source or reference in your original post.

Reaction functions for bartels and for jaymes : Suppose that Bartels and Jaymes act as Cournot duopolists, what are the reaction functions for Bartels and for Jaymes?

Define retaliatory discharge : Define retaliatory discharge. How can an employee defend against such an action by his or her employer?

Calculate the economic production quantity for seat brackets : Acme stamping produces seat brackets for a major manufacturer of stadium seating. Calculate the economic production quantity for seat brackets.

How is your individual affected by inflation : Hello there. I'm the mayor. I know some people don't like inflation. I'm not crazy about it -makes me look bad to the voters.

Determine the recovery model for your backup strategy : Determine the recovery model for your backup and recovery strategy. Design the backup strategy and include a diagram to document your backup strategy.

Demand curve for perfect complement goods : How do you draw the demand curve for perfect complement goods and perfect substitution goods?

Optimal tariff rate : If the foreign export supply is perfectly elastic, what is the optimal tariff Home should apply to increase welfare? Explain.

User Account

All Pages