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

Which coca-cola products are main likely to lose customers, Some industry a...

Some industry analysts think soft-drink companies should develop products that will bring new customers into the market rather than just creating variants on the old. They warn tha

Objectives to draw the differing expectations of club member, Q1 Evaluate t...

Q1 Evaluate the service to club members and casual flyers by completing a table similar to Table 3.1. Q2 Chart the five performance objectives to show the differing expectations

Criteria for a good layout, Criteria for a Good Layout Maximum Fl...

Criteria for a Good Layout Maximum Flexibility: A good layout will be one which can be rapidly modified to meet changing circumstances. In this context particular attent

Explain what are merits and demerits of lvdt, What is a transducer? How can...

What is a transducer? How can we classify transducers? On what principles do the variable inductance type of transducers work? What are uses of LVDT for measurement? List uses of t

Service process design, the main factors that influence the service process...

the main factors that influence the service process design.

Explain reducing the project duration increases the risk, Take a position o...

Take a position on the following statement from the textbook author: "Reducing the project duration increases the risk of being late." Support your position

Explain the impact of the solicitation process, Describe the impact of the ...

Describe the impact of the solicitation process and how it determines the preparation of your bid.

Define the reasons pandora would create a disaster recovery, Describe the r...

Describe the reasons Pandora would create a disaster recovery plan and a business continuity plan

Explain total factor productivity and labor productivity, A manufacturing c...

A manufacturing company would like to measure total factor productivity and labor productivity. Given the following data for the last 3 years, find the total factor and labor ratio

Analytic also synthetic methods of manufacturing operations, Analytic and s...

Analytic and synthetic methods of manufacturing operations may be on the final exam. What is the difference between them? Please include an example

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