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A shop makes candles. Monthly demand is 360 boxes. Raw materials can be produced (supplied) at a rate of 36 boxes per day. Daily usage rate is 18 boxes per day. Assume that demand is uniform throughout the month. Setup cost is $60 for a run, and holding cost is $2 per box per month. Hint 1: Setup cost should be treated as ordering cost. Hint 2: Larger time unit is the month and smaller time unit is the day.
What is the economic run size (order size)?
What is the maximum inventory level?
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The Chapter discusses a number of different leadership theorists. Like - Path-Goal Leadership Theory, Leadership-Member Exchange Theory
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If Davis follows his supervisor's advice, what will happen to Davis's utilization? What will happen to the average time that a package spends in the container?
Find out the optimal use of Applichem's plant capacity using the solver in excel. Illustrate what would you recommend that Applichem management do.
On which contract were the workers more productive? What is the percentage difference of productivity between the two contracts?
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