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 what order quantity will enable the refinery, A refinery in Houston...

A refinery in Houston replaces all of the 3" full-open ball valves in its facility according to a very strict maintenance policy which spaces replacements fairly uniformly througho

Explain guidelines for how management should be treating emp, Which of the ...

Which of the following responsibilities do human resource managers fulfil in their role as employee advocates? A) provide support for employees contesting unfair practices B) provi

Product layout., what is product interval time product duration?

what is product interval time product duration?

Explain the categories of problems in six sigma methodology, Describe the c...

Describe the categories of problems that have been found to be approached by Six Sigma methodology Type your question here

Explain why was the federal food and drug, 1. How does the Fair Debt Collec...

1. How does the Fair Debt Collection Practices Act benefit consumers? 2. Why was the Federal Food, Drug, and Cosmetic Act passed? Please use at least one research site to sup

Explain which option is more economical, A company is the logistics vendor ...

A company is the logistics vendor for B Company. B has daily shipments of a power-steering pump from its Ohio plant to an auto assembly line in Alabama. The value of the standard s

Explain fixed cost, Explain Fixed Cost. Fixed Cost: Cost may be desc...

Explain Fixed Cost. Fixed Cost: Cost may be described as the amount of expenditure incurred on, or attributable to a specified thing. Fixed costs are those costs that tend t

What is cutting stock problem, Consider the cutting stock problem that aris...

Consider the cutting stock problem that arises when a company manufactures sheets of standard width 100 and has commitments to supply 40 sections of width 40, 60 sections of width

Explain federal mediation and conciliation service, Based on the most curre...

Based on the most currently reported data by the American Arbitration Association and the Federal Mediation and Conciliation Service, you should factor all but one of the following

Explain methods companies use to train their employees, 1. What is the sequ...

1. What is the sequence of steps that should occur before you are hired for a full-time position ? 2. Describe the types of methods companies use to train their employees. 3.

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