What is the average setup cost per year

Assignment Help Operation Management
Reference no: EM13252740

Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders for about 12,000 flashing lights per year and has the capability of producing 100 per day. Setting up the light production cast $50. The cost of each light is $1. The holding cost is $0.10 per light per year. What is the average setup cost per year?

Reference no: EM13252740

Questions Cloud

Why is organic design more likely to be quicker and flexible : Why is organic design more likely to be quicker and flexible in adapting to change than a mechanistic design.
What is the current rating for led at forward voltage drop : If a logic circuit with I_OH = 4.5 V is driving and LED with a 330 ohm limiting resistor, what is the current rating for the LED if the forward voltage drop is 1.8 V
Explain the freezing point aqueous solution of glucose : What is the freezing point of 0.525 m (molal) aqueous solution of glucose (C6H12O6)? [Data: Kf = -1.86 oC/m for water]
Find the trade discount amount on merchandise : Find the trade discount amount on merchandise with a list price of $2500 and a trade discount of 40%
What is the average setup cost per year : Setting up the light production cast $50. The cost of each light is $1. The holding cost is $0.10 per light per year. What is the average setup cost per year?
The minor typo in the amount-competitive market : A question was raised about the minor "typo" in the amount to be paid to the supplier of office furniture and equipment.  The contract states that the supplier will be paid $350,000.00 for furniture and equipment that was later estimated to worth onl..
Develop a net material requirements plan for f : Heather Adams, production manager for a Colorado exercise equipment manufacturer, needs to schedule an order for 50 UltimaSteppers, which are to be shipped in week 8. Subscripts indicate quantity required for each parent.
Find the mean and the variance of a binomial distribution : state the probability distribution of the binomial random variable X. What is the probability that the random variable X falls in the interval [u - 3 sigma, u + 3 sigma]. The mean and the variance of a binomial distributin.
Find the magnetic potential energy of the loop : A circular loop of wire having a radius of 6.0 cm carries a current of 0.14 A. A unit vector parallel to the dipole moment of the loop is given by 0.40i -0.92j, Find the magnetic potential energy of the loop

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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