Define the annual savings in the economic order quantity

Assignment Help Management Theories

Reference no: EM131454057

Question: A part is produced in batches of size = 3000 pieces. Annual demand = 60,000 pieces, and piece cost = $5.00. Setup time to run a batch = 3.0 hr, cost of downtime on the affected equipment is figured at $200/hr, and annual holding cost rate = 30%. What would the annual savings be if the part were produced in the economic order quantity?

Reference no: EM131454057

Questions Cloud

What is procedural due process and why does it exist : What due process rights are contained in the US Constitution? Give examples. What is procedural due process and why does it exist

How much would setup time have to be reduced : How much would setup time have to be reduced to make the batch size of 3000 pieces equal to the economic order quantity.

Can the conservators cancel the deed : Can the conservators cancel the deed? What cause of action do you recommend in this case?

Explain why juveniles become delinquent : There are several theories that explain why juveniles become delinquent. Some of the sociological theories include anomie, social disorganization, drift theory

Define the annual savings in the economic order quantity : A part is produced in batches of size = 3000 pieces. Annual demand = 60,000 pieces, and piece cost = $5.00. Setup time to run a batch = 3.0 hr.

Did montgomery and manning form a valid contract : Did Montgomery and Manning form a valid contract? Would your answer be different if the cancellation clause had been in every policy between Montgomery.

Value of the pay-out annuity at retirement : Calculate the value of the pay-out annuity at retirement. Do this twice: once for 6.3% and once for 8.9%.

What enforcement and punitive measures will be included : What enforcement and punitive measures will be included? What type of governing structure will you propose for an ethics committee for UWEAR and PALEDENIM

Why the topic is important from the moral philosophy : Go to the Concise Edition of the Ethics: Theory and Contemporary Issues book.and pick a topic that you would like to explore.

User Account

All Pages