Find the optimal run size

Assignment Help Operation Management
Reference no: EM132302078

The Hatchipets Factory can produce toy eggs at a rate of 5,250 per day. Hatchipets supplies toy eggs to local toy stores at a steady rate of 380 per day. The cost to prepare the equipment for producing toy eggs is $67. Annual holding costs are 49 cents per egg. The factory operates 289 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: EM132302078

Questions Cloud

Explain the international business terminology : Explain the below International Business Terminology with given an example for each.
Design a comprehensive environmental audit tool : Design a comprehensive environmental audit tool (checklist) that could be used to undertake an environmental audit of one of the businesses
Find monthly cash flow for the first year of operation : You have been asked by your 58 year old father-in-law Eito to help him assess a new venture. It is Friday night, and he needs the work finished by Sunday.
Transverse analysis of the bridge deck : 301011 - Advanced Highway Infrastructures - Western Sydney University - Estimate the depths of structural members based on span/depth ratios
Find the optimal run size : The Hatchipets Factory can produce toy eggs at a rate of 5,250 per day. Find the optimal run size.
How the organization and policitial environment impact issue : In this assignment, you will explore how the organization and policitial environment of an agency or departments can impact the issue you selected.
Compute the takt time for system : Compute the takt time for a system where the total time per shift is 350 minutes,
Marketing splash helena fogarty got the idea : Mi Ola Strives for a Marketing Splash Helena Fogarty got the idea for her startup bikini manufacturing firm,
What are some of the most prevalent challenges : Conduct research on the Comprehensive Medical Record (CMR) to foster connections between primary care physicians, multiple specialists, hospitals, clinics.

Reviews

Write a Review

Operation Management Questions & Answers

  How does advanced distributor products

How does Advanced Distributor Products (a manufacturer of high efficiency evaporator coils and HVAC units) use shareholder value?

  Typical bargaining structure used in labor negotiations

In Egypt, what is the typical bargaining structure used in labor negotiations?

  Major ethical issues that business faces today

What are the major ethical issues that business faces today? Discuss them with suitable examples.

  First challenge of organizational development survival

Discuss the first challenge of organizational development, “Survival,” and what steps leadership should implement to overcome these risks.

  Most important element in the external environment

Contemporary best-selling management books often argue that customers are the most important element in the external environment. Do you agree? In what company situations might this statement be untrue?

  Conventional budgeting versus zero-based budgeting

What are the advantages/disadvantages of conventional budgeting versus zero-based budgeting. Is one more useful during economic downturns? During economic upturns?

  Elements of supply chain management for manufacturing goods

What are the elements of supply chain management for manufacturing goods? Describe scheduling needs in high-volume,intermediate-volume systems and in job shop. What are GANTT charts and how are theyused for scheduling? Explain the relationship betwee..

  Describe the strategy that you believe best achieves

Describe the strategy that you believe best achieves the potential value of WhatsApp within Facebook.

  What is the probability that the server is busy

What is the probability that the server is busy? Do you recommend adding another server? explain

  How should project risks be monitored and controlled

How should the risks be prioritized? Who should do the prioritization of the project risks? How should project risks be monitored and controlled? Who should develop risk responses and contingency plans? Who should own these responses and plans?

  Dollar general according to different types of retaiters

Describe Dollar General according to the different types of retaiters? As a retail brand, asses the Dollar General strategy with respect to segmentation, targeting, differentiation, and positioning? List all the reasons why Dollar General has been so..

  What are the different network perspectives in innovative

What are the different network perspectives in innovative research? Why do authors differ in how they define innovation networks? How can networks influence actions of its members?

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