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 greatest amount of flexibility possible, To meet investor objective...

To meet investor objectives, management seeks to do which of the following in its present operations as well as shift investment from areas with declining returns to those where im

Responsibilities of operation manager, Operations Management Activities - R...

Operations Management Activities - Responsibilities of Operations Managers The nature and responsibility of operations managers is changing. Once operations or production mana

Product layout, how to identify layout ex holidays resort

how to identify layout ex holidays resort

Explain key dimensions of the general environment, Compare and contrast the...

Compare and contrast the key dimensions of the general environment, the task environment and the enacted environment of an organization.

Supervisory safety performance, 1. Supervisory Safety performance a. Job s...

1. Supervisory Safety performance a. Job safety analysis b. Proper job placement c. Development of safe working conditions. d. Enforcement of safety rules. e. Promotion of

Compute the standard time for each work, The Arkade Company has decided to ...

The Arkade Company has decided to use a 15 percent allowance factor based on job time. Calculate the standard time for each work element and for the total job. The frequency equals

Explain income wages, Robert and mar Lou have 3 children they income wages ...

Robert and mar Lou have 3 children they income wages total 25,764.39 there federal income tax withheld was 3,580.31 social withheld was 1,082.10 medical tax was 373.58 what form sh

#, what do you understand by "line balancing"? what happens if balance dose...

what do you understand by "line balancing"? what happens if balance dosen''t exist?

Describe the key success factors, Select an industry or a company of your ...

Select an industry or a company of your choice. Using figure 4.3 on page 110, apply the industry or the company by identifying the segment and key success factors. Justify / explai

Presentation to describing the data types, Create a 10-12 slide presentatio...

Create a 10-12 slide presentation describing the data types. Include the following in your presentation? Introductory slide? Slide for each data type (containing a definition of th

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