Economic order quantity, Operation Management

Assignment Help:

The Warehouse Company supplies spare parts for its two plants, Plant A and PlantB. Plant A and Plant B do not have any significant storage space. Hence you want carryminimum possible inventory at the plants A, B.

The warehouse W stocks two types ofspare parts, part #A for the Plant A and part #B for the Plant B. The WarehouseCompany uses a state of the art automated retrieval system (ARS) to retrieve parts fromstorage in the warehouse.

Part # A: The retrieval system takes 1 minute/unit to retrieve and send the part to theloading dock.

Part # B: The retrieval system takes 1 minute/unit to retrieve and send the part to theloading dock.

Whenever the retrieval system has to switch from part #A to part #B, there is a "deadloss" of 30 minutes.

Whenever the retrieval system has to switch from part #B to part #A, there is a "deadloss" of 30 minutes.

The demand for A at the Plant A is deterministic and is 15 units /hr. or 360units/day.

The demand for B at the Plant B is deterministic and is 15units /hr. or 360units /day.

Assume that a Day=24hrs. Thus, Plant A, Plant B, and the Warehouse Company are all open around the clock.

Plant A and Plant B and the Warehouse Company are all located in Houston, and hencethe transportation time from the loading dock of the Warehouse Company to the plants isnegligible.

The goal is to use the ARS efficiently so as to keep the plants busy as much as possible. Design a scheme to use the ARS efficiently. Specifically,

a. How many units of part A will be retrieved and shipped before you switch to part B?

b. How many units of part B will be retrieved and shipped before you switch to part A?


Related Discussions:- Economic order quantity

Systems approach - operations function, Systems Approach - Operations Funct...

Systems Approach - Operations Function In parallel with the development of management science, and also largely stemming from the wartime inter-disciplinary teams, an interest

Layout of facilities, Layout of Facilities Layout refers to the arran...

Layout of Facilities Layout refers to the arrangement of facilities. A plant layout refers to the arrangement of machinery equipment and other industrial facilities such as r

What is an e-r diagram, Conceptual Modeling looks at how the data is struct...

Conceptual Modeling looks at how the data is structured and what the characteristics of the data are. What characteristics of data are represented in an E-R diagram?

Explain what are the four communication styles, 1) Describe the five major ...

1) Describe the five major principles that support communication-style theory. 2) What two dimensions of human behavior are used to identify communication style? 3) What are

Explain expects to perform the modifications to vehicles, Honda Motor Compa...

Honda Motor Company has discovered a problem in the exhaust system of one of its automobile lines and has voluntarily agreed to make the necessary modifications to conform with gov

Line balancing, what do you understand by line balancing?what happens if ba...

what do you understand by line balancing?what happens if balance does not exist?

What are the primary external organizational considerations, Do you think t...

Do you think these primary external organizational considerations are the same across all industries, or do different industries (like manufacturing vs. health care) have different

Describe assaults a waitress at a nearby restaurant, A company hires a file...

A company hires a file clerk but does not inquire into his criminal history. In fact, he has had several convictions for driving while intoxicated. On a lunch break, he gets drunk

Describe future of global air transportation, What do you predict for the f...

What do you predict for the future of global air transportation?

Explain jit for organization, Just-in-Time (JIT) Please respond to the foll...

Just-in-Time (JIT) Please respond to the following- • Develop three examples that illustrate how a manufacturing company of your choice uses JIT, and then determine three to fou

Write Your Message!

Captcha
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