Reference no: EM13226607
Emarpy Appliance is a company which produces all kinds of major appliances. Bud Banis, the president of Emarpy, is concerned about the production policy for the companys bestselling refrigerator. The annual demand for this has been about 7250 units each year, and this demand has been constant throughout the year. The production capacity is 190 units per day. Each time production starts, it costs the company $130 to move materials into place, reset the assembly line, and clean the equipment. The holding cost of a refrigerator is $54 per year. The current production plan calls for 380 refrigerators to be produced in each production run. Assume there are 250 working days per year.
(a) What is the daily demand of this product?
(b) If the company were to continue to produce 380 units each time production starts, how many days would production continue?
(c) Under the current policy, how many production runs per year would be required?
(d) If the current policy continues, how many refrigerators would be in inventory when production stops?
(e) If the company produces 380 refrigerators at a time, what would the total annual set-up cost and holding cost be?
(f) If Bud Banis wants to minimize the total annual inventory cost, how many refrigerators should be produced in each production run? units
|
What would be the annual inventory holding cost
: Joe Henry's machine shop uses 2480 brackets during the course of a year. these brackets are purchased from a supplier 90 miles away. The following information is known about the brackets
|
|
Explain what is the activity coefficient of h
: What is the activity coefficient of H in a solution containing 0.025 M HCl and 0.025 M Ca(ClO4)2?
|
|
What is the average inventory if costs are minimized
: M. Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. One of the components has an annual demand of 265 units, and this is constant throughout the yea..
|
|
State correct mass balance equation for an aqueous solution
: Find the correct mass balance equation for an aqueous solution of MnCl2 that ionizes to Mn2 , Cl-, MnCl , and MnOH.
|
|
How many days would production continue
: f the company were to continue to produce 380 units each time production starts, how many days would production continue?
|
|
Explain what is the correct charge balance equation
: What is the correct charge balance equation for an aqueous solution of MnCl2 that ionizes to Mn2 , Cl-, MnCl , and MnOH.
|
|
What factors have affected the implementation of health care
: What factors have affected the implementation of health care IT? Who should implement, improve, and fund the development and adoption of IT. No copy and paste. please
|
|
Critically evaluate the financial instruments
: Critically evaluate the financial instruments available for investments and analyse and evaluate the role and influence of the main actors in financial markets, both private and public.
|
|
Determine the resistance of the rheostat in rotor circuit
: A three phase, 25-hp, 440-V, 60-Hz, 1750 rpm, wound-rotor induction motor has the following equivalent circuit parameters:R1=0.20 ohms, X1=1.0 ohms, R2=0.15 ohms, X2=0.8 ohms, Xm=30 ohms The motor is connected to a three phase, 440-V, 60-Hz supply.
|