Explain what is the average setup cot per year, Operation Management

Assignment Help:

Radovilsky Manufacturing Company, in Hayward. California. Makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders fo about 12,000 flashing lights per year and has the capability of producing 100 per day. Setting up the light production costs $50. The cost of each light is $1 the holding cost is $0.10 per light per year.

a) What is the optimal size of the production rn?

b) What is the average holding cost per year?

c) What is the average setup cot per year?

d) What is the total cost per year, including the cost of the lights?


Related Discussions:- Explain what is the average setup cot per year

Explain reducing the risk of these liabilities for a firm, Considering the ...

Considering the huge liability associated with workers getting injured on the job, evaluate if implementing of 58 in the work place can help with reducing the risk of these liabili

Performance management, Performance Management Discuss Performance Ma...

Performance Management Discuss Performance Management in the context of the identifying the relevant School of Management Theory.  Identify positives and negatives in the app

Aims of functions of process engineering, Aims of Functions of process Engi...

Aims of Functions of process Engineering To determine what parts are to be manufactured and what parts to be purchased from outside. To determine the most econom

Explain worldwide the sale of alcoholic beverages is legal, Which of the fo...

Which of the following statements is true? Answer law applies to individuals only; not to groups or society as a whole the sale of marijuana is illegal worldwide the sale of alcoho

Explain the companys core competencies, As the end of the year comes to a c...

As the end of the year comes to a close, the CEO is evaluating Motorola's strategic approach and its ability to produce desired results for the company in the future. The CEO has a

Explain calculated values in descending order on the same, Create a procedu...

Create a procedure in VBA to do the following actions: -Create a linear series of numbers starting at 1 (e.g. 1, 2, 3,) -Display a Message Box asking if you'd like to calculate ano

Describe the factors influencing customer behaviour, Question : Show or...

Question : Show origin of Collaborative Planning, Replenishment, and Forecasting (CPFR) Origin from CFAR How CFAR standard was renamed CPFR Continuing improvements

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

what do you understand by line balancing what happens if balance

Explain three major important roles of entrepreneurship, Describe three maj...

Describe three major important roles of entrepreneurship in the American economy.

Explain milestones important when implementing major change, Why is the cel...

Why is the celebration of milestones important when implementing major change? Explain your position

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