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

Explain a project supply and materials budget, Create a project supply and ...

Create a project supply and materials budget based on the information in the case. I need an example of the supply budget

PRoject, I need to chose a operations management concept or technique in or...

I need to chose a operations management concept or technique in order to help address the issue of the DFW security wait lines. This is a group project and my teammates have starte

Describe regards to ethical business practices, I have a question in regard...

I have a question in regards to ethical business practices. Businesses are concerned with their profits, most directly sustaining and improving. One business comes to mind, Apple.

Explain a jet engine has ten components in series, A jet engine has ten com...

A jet engine has ten components in series. The average reliability of each component is 0.998. What is the reliability of the engine? (Round your answer to 3 decimal places, the

Explain the strategy or strategies used by parties, Identify negotiation ta...

Identify negotiation tactics of the sequence of events that transpired just before the United States began operation freedom in Iraq. Describe the strategy or strategies used by an

How x control chart is used, How X control chart is used? X control cha...

How X control chart is used? X control chart is used with go and not go inspection.

Differences between a team and a work group, Question: (a) "Teams defin...

Question: (a) "Teams definitely are forms of work groups, but not all work groups are teams". Work groups function on three levels: Dependent level, Independent level and Inter

Explain management principles applicable to organizing, The American Red Cr...

The American Red Cross has been asked to oversee the clean-up efforts in Japan after the earthquake and tsunami that occurred in March 2011. Analyze the management principles appli

How motivate the successful salesperson, 1. The chapter mentions the theory...

1. The chapter mentions the theory of transaction cost analysis (TCA). What role does TCA play in the decision to use a company sales force rather than independent manufacturers' a

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