Explain how long is each production cycle, Operation Management

Assignment Help:

Your company manufactures turbine blades for engines in production batches for each type. For one type of blade, the A39T, you have an annual demand of 10,000 units. It costs you $1000 and takes four days to set up each manufacturing run. Holding (storage) cost is $0.50 per unit per year. Once production is set up, 80 units can be produced per day. Daily demand rate for the units is 60 per day.

a. What is the most economical number to produce per production run?

b. How long is each production cycle?

c. How many days, exclusive of setup time are you manufacturing A39T blades?

d. What is the annual holding cost?


Related Discussions:- Explain how long is each production cycle

Define disputes and the contractual means used for resolving, What is the c...

What is the cause of disputes and the contractual means used for resolving them?

Explain functionalities of pharmacy information systems, Pharmacy Systems" ...

Pharmacy Systems" Please respond to the following: •Analyze the various functionalities of pharmacy information systems that can aid in the reduction of medication errors and make

Explain perspective of the target audience for webcams, What is your perspe...

What is your perspective of the target audience for webcams?

Explain car rental agency that calculates rental charges, Create a project ...

Create a project for the local car rental agency that calculates rental charges. The agency that calculates $15 per day plus $0.12 per mile. Form: Use text boxes for the customer n

What order quantity will minimize the total inventory cost, Question: Y...

Question: You are the Operations Manager at Alien University and one of your responsibility is to manage the supplies of the University. One of your supplier has given you quan

Explain terminals and arrive at a message concentrator, Messages are transm...

Messages are transmitted from low speed terminals and arrive at a message concentrator at a Poisson rate of 600/hr. They are held in a buffer until a hi-speed trunk line is free to

Find the probability that both service clerks are idle, Sharp Discounts Who...

Sharp Discounts Wholesale Club has two service desks, one at each entrance of the store. Customers arrive at each service desk at an average of one every twelve minutes. The servic

Explain production budget, Explain production budget. A production bu...

Explain production budget. A production budget may be made by production manager in consultation along with his assistants after obtaining the sales Budget. A production budg

Explain management often fail to realize the value of hr, Why does senior m...

Why does senior management often fail to realize the value of human assets versus other organizational assets?

System classification beneficial for operations managers, 1. Referring to t...

1. Referring to the figure, in which category would you place: a chemist shop; Burger King; Direct Line Insurance; Cable Vision; Motorola; a chiropodist; QVC television; Smith-Klin

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