How frequently should production run be made

Assignment Help Operation Management
Reference no: EM131359263

A contractor has to supply 10,000 bearings per day to an automobile manufacturer. He finds that, when he starts a production run, he can produce 25,000 bearings per day. The cost of holding a bearing in stock for one year is Rs.2 and the set-up cost of a production run is Rs.1,800. How frequently should production run be made?

Reference no: EM131359263

Questions Cloud

Calculate the mean of number of stores entered : 1304AFE Business Statistics Computer Assignment. A shopping mall estimates the probability distribution of the number of stores mall customers actually enter (X), as shown below: Calculate the mean of number of stores entered
Describe how you would like to involve the department : Gain the trust of the department heads by offering a clear explanation of the need for change.Briefly outline the steps you may use to facilitate this change process.Describe how you would like to involve the department heads with this process.
Calculate the following rotor starting current per phase : The rotor resistance and reactance of a squirrel-cage induction motor rotor at standstill are 0.14 ohm per phase and 0.8 ohm per phase respectively.
Economic batch quantity of a product on a machine : Find the most economic batch quantity of a product on a machine if the production rate of that item on the machine is 200 pieces per day and the demand is uniform at the rate of 100 pieces per day. The ordering cost is Rs. 200 per batch and the co..
How frequently should production run be made : The cost of holding a bearing in stock for one year is Rs.2 and the set-up cost of a production run is Rs.1,800. How frequently should production run be made?
Determine the best course of action for abc beverage : Using the information below develop a decision tree to determine the best course of action for ABC Beverage. Using the results of the Decision Analysis prepare a short paper outlining the best plan of action and justifying your decision.
Find the values of the parameters b and c : Suppose that the load at the receiving end of the line is 750 MVA at a lagging power factor of 0.9 at rated voltage. Determine the sending end voltage, current, active and reactive power and power factor.
Determine the economic manufacturing quantity : A product is to be manufactured on a machine. The cost, production, demand, etc are as follows:
Do a complete risk management analysis : Identify the top 3-5 risks that it faces,- Describe them including a quantification of the cost of risk, and suggest how the company should manage those risks.

Reviews

Write a Review

Operation Management Questions & Answers

  Mixed integer programming

The Wiethoff Company has a contract to produce 10000 garden hoses for a customer-Because these machines are from different manufacturers and employ differing technologies, their specifications are not the same.

  How the differences in rates of pay throughout

Discuss how the differences in rates of pay throughout the world are influencing American employers.

  Appraising employee performance on regular basis

Appraising employee performance on a regular basis has an important influence on an employee’s performance. Coaching is an ongoing task that gives employees instruction and suggestions. Promotion of employees is generally based on recognition of past..

  Who should be invited to participate in the project and why

Who should be invited to participate in the project and why? Who are the stakeholders in the project? Why are these particular stakeholders important to the process

  Tracking electricity and gas

Paul, the HR Director at Bumpbie, had previously worked as Director of HR for Kelecton, a small company with 240 employees that makes software for utility companies. The majority of employees were programmers and engineers who designed and installed ..

  Overview of the entire project

Before you begin working on this assignment, please review the Project page for an overview of the entire project. The Project page is available from anywhere within this course by clicking on the Project tab in the top navigation bar.

  Managed care a positive or negative to field of health care

From your text readings and/or research from the web and/or the virtual library: List and discuss the pros and cons of managed care. In your opinion, is managed care a positive or a negative to the field of health care?

  Field of study and business around the world

and business around the world. Select a business leader you admire. Use your textbook, the University online library resources, and the Internet to select a leader and then to research the leader's career.

  Role of the human resource manager in the company

Why might this be the case? If you were human reource specilaist interviewing with this company for an open position, what would this practice imply for the role of the human resource manager in thar company?

  Crafting messages for electronic media

The Final paper will consists of at least 1500 words, (about 4-5 pages not counting cover sheet or reference page). • The paper must provide footnotes and/or full credits for reference material used (must include a minimum of two (2) references ou..

  What is the annual distribution cost

What is the annual distribution cost of the current distribution network? Include transportation and inventory costs.

  Elucidate how is it to fine-tune your marketing plan

Elucidate how necessary is it to fine-tune your Marketing Plan so that your target market is clearly defined also measurable. Why is extensive research necessary for an accurate definition of a target 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