Reference no: EM132802175
Consider a firm that operates a cannery. All fish brought in by a fleet of fishing boats are processed at the cannery. The firm also has a freezer of unlimited size that stores unprocessed fish. Assume that the freezer is empty in the beginning of the year. There are three seasons. The fleet yields 11400 tons/month during the first third of the year, 15200 tons/month during the middle third, and only 1900 tons/month during the final third. The cannery's processing capacity equals 9500 tons/month.
a. What is the inventory level at the end of January? answer in tons.
b. What is the inventory level at the end of February?
c. What is the inventory level at the end of May?
d. What is the inventory level at the end of August?
e. What is the inventory level at the end of September?
f. What is the inventory level at the end of December?
g. What is the average monthly inventory (in tons)?
h. What is the average system throughput rate?
i. Determine the average waiting time of fish in the freezer (= average time spent in the freezer before being processed). Answer in months