Find the optimal run size

Assignment Help Operation Management
Reference no: EM132115038

The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5,500 per day. FSF supplies hot dogs to local restaurants at a steady rate of 260 per day. The cost to prepare the equipment for producing hot dogs is $66. Annual holding costs are 46 cents per hot dog. The factory operates 296 days a year.

a. Find the optimal run size. (Do not round intermediate calculations. Round your answer to the nearest whole number.)

Optimal run size

b. Find the number of runs per year. (Round your answer to the nearest whole number.)

Number of runs      

c. Find the length (in days) of a run. (Round your answer to the nearest whole number.)

Run length (in days)

Reference no: EM132115038

Questions Cloud

The firm save annually in ordering and carrying costs : How much could the firm save annually in ordering and carrying costs by using the EOQ?
Define evidence and its importance in critical thinking : What is the best way to define evidence and its importance in critical thinking?
Cancer association-project description : The project is intended to raise a total of $100,000 for the Cancer Association.
Find the order quantity that will minimize total annual cost : If carrying costs are $2 per year for each stone, find the order quantity that will minimize total annual cost.
Find the optimal run size : Find the optimal run size. Find the number of runs per year.
Differentiate between pipeline inventory-buffer inventory : Differentiate between Pipeline inventory and buffer inventory.
Explain what is referred to as servicing the sale : List 3 things we should do when presenting to our client. Please explain what is referred to as “servicing the sale” and give an example.
Calculate the schedule variance-schedule performance index : Calculate the schedule variance, schedule performance index, and cost performance index for the project to date.
The judiciary in the separation of powers system : What do you think is the appropriate role of the Judiciary in the separation of powers system?

Reviews

Write a Review

Operation Management Questions & Answers

  Research an erp system or an erp software application

Research an ERP system or an ERP software application, and address the following: In your own words, define enterprise resource planning (ERP). Provide the name of the ERP system or the ERP software application you researched along with a web link to..

  What conclusions can be drawn from the comparison of porths

Describe the advantages to using paid and volunteer staff for life safety and fire preven-tion programs, and the problems that might occur between newly hired staff in Christmas Valley and the neighboring jurisdiction, where code compliance inspec..

  Find the number of working days between orders

Thomas Cain is the purchasing manager for multiple store Mattress firm. The demand for the most popular mattress is 6000 units per year. The cost of each mattress is $120, and inventory carrying cost is $15 per unit per year. Find the optimal order q..

  The production lead time

Number of orders per year. Number of days between orders. The production lead time.

  Personal leadership development plan

Each student should prepare a paper as a “My Personal Leadership Development Plan.” The paper will not be submitted.

  Hierarchical models in planning advertising

What is the problem with hierarchical models in planning advertising?

  Describe the? leader-member exchange theory

Name and describe universal codes of conduct for international business. Describe in detail the guidelines to become an effective follower. Describe the? Leader-member Exchange Theory and give some pros and cons. Explain impression management and des..

  What are the payoffs to creating a new business

What are the payoffs to creating a new business? What are the risks? What can we believe about reports based on evidence from others?

  Discuss positive and negative impacts of unfunded mandates

Discuss the positive and negative impacts of unfunded mandates as they apply to local government.

  Enforceability of their loan agreement with michael

Advise Bravo bank Ltd on the enforceability of their loan agreement with Michael. Refer to relevant legislation.

  Non-burnable garbage in low spot

In 1947, long before garbage pickup was available in this rural area, a farmer began burying his non-burnable garbage in a low spot on his land.

  Write four page on about the case-herman miller

Key components of the Financial Performance - Which ratios and Why chosen? Plan or Actual Growth vs. the Market?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd