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Q. A shop that makes candles offers a scented candle, which has a monthly Demand of 360 boxes. Candles can be produced at a rate of 36 boxes per day. The shop operates 20 days a month. Suppose that Demand is uniform throughout the month. Setup cost is $60 for a run also holding cost is $2 per box on a monthly basis.
Find out the following:(A) the economic run size(B) the maximum inventory(C) the number of days in a run
The daily usage rate (u) is 18 boxes. The daily production rate (p) is 36 boxes.
Gabriela Manufacturing was able to find out a new supplier which would give the item for $1.80 per unit with an annual fixed cost of $200,000. Should Gabriela Manufacturing in source or outsource the item.
The last event, although forecasted to have 1,000 participants, resulted in the attendance of only 950 participants. Illustrate what are the utilization and efficiency of the conference facility.
The item costs $50 when purchased in quantities less than 100 and $48 for 100 or more. Ordering cost are $40 and the carrying cost is 25 percent. Explain how much should the company buy each time an order is placed.
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What are the normal project completion time and the critical path? What activity(ies) should be crashed to reduce the completion time found in a) by one week? What activity(ies) should be crashed if you want to reduce the completion time found in ..
On their farm, the Friendly family grows apples that they harvest each fall and make into three products-apple butter, applesauce, and apple jelly. Propose a linear programming model for this problem. Solve the model by using the computer either ex..
Illustrate what are some of the advantages to this approach to being a manager. Illustrate what are some of the drawbacks.
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