Bryson Carpet Mills produces a variety of different carpets. Changing from production of one carpet to...
Bryson Carpet Mills produces a variety of different carpets. Changing from production of one carpet to another involves a setup cost of $2,500. One particular carpet costs $5 per yard to produce. Annual demand for this style is 165,000 yards. Bryson Carpet Mills produces carpet 300 days per year. The production process is most efficient when 5,500 yards per day are produced. Inventory carrying cost is estimated at 15 percent annually. What should be the production order quantity? (Round up your answer to the next whole number.)
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Bryson Carpet Mills produces a variety of different carpets.
Changing from production of one carpet to...
apter 7 wuZ Saved Help Save & Exit Sut 7 Bryson Carpet Mills produces a variety...
apter 7 wuZ Saved Help Save & Exit Sut 7 Bryson Carpet Mills produces a variety of different carpets. Changing from production of one carpet to another involves a setup cost of $500. One particular carpet costs $8/yard to produce. Annual demand for this style is 50,000 yards. Bryson Mills produces carpet 200 days per year. The production process is most efficient when 2,000 yards/day are produced. Inventory carrying cost is estimated at 20 percent annually. What should be the...
4. Dream Weavers manufactures wool-mix carpets. The cost of setting up the production process for a...
4. Dream Weavers manufactures wool-mix carpets. The cost of setting up the production process for a production run is $800. The annual demand is estimated to be 28,000 yards of carpet. The annual carrying cost is S5 per yard. The manufacturing facility operates 350 days per year and produces 400 yards of carpet per day a. Find the optimal production run quantity for Dream Weavers. b. Find the minimum total inventory cost per year. c. Find the optimal length of...
1 A factory produces carpets and in the process also pollutes into a local river. The...
1 A factory produces carpets and in the process also pollutes into a local river. The demand for carpets is given by: 1)1D 寧200 1:MM) $250 1100 $300 700 The supply of carpets is determined by an industry where each firm has a constant marginal cost of $200 per carpet. The marginal external cost of the pollution, however, is (a) Draw a supply and demand curve diagram using the information given and use it to show the competitive equilibrium price...
Question 4 (5 points) Iron Hill Pallet Company produces hardwood mulch by grinding used pallets. The...
Question 4 (5 points) Iron Hill Pallet Company produces hardwood mulch by grinding used pallets. The company's grinder can produce 12 cubic yards of mulch per hour and operates the grinder 24 hours per day for 250 days per year. The annual demand for mulch is 42,000 cubic yards. It costs Iron Hill $200 to setup the grinder for production. It costs iron hill $20 to produce a cubic yard of mulch, and they use a factor of 10% to...
Wonga Manufacturing Inc. makes high quality silver spoons. The forecast for 2020 is to make 1000...
Wonga Manufacturing Inc. makes high quality silver spoons. The forecast for 2020 is to make 1000 spoons. The firm’s production process is the most efficient and produces 8 spoons per day. The firms working policy is 250 days a year, it cost the firm K10 to set up the equipment and 50ngwee for carrying inventory from one period to the next. I. Calculate the economic order quantity [5 Marks] II. Find the annual carrying cost [3 Marks] III. Find the...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers:...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 800,000 Selling price $900 $750 Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Activity Cost Setups Number of setups 300 200...
I need help ASAP! Thank you :D 2: The Shenandoah Valley Cider Farms Company produces apple...
I need help ASAP!
Thank you :D
2:
The Shenandoah Valley Cider Farms Company produces apple cider and sells their products to the local retailers. The annual demand for cider is 219,412 gallons. The company is able to produce 292,043 gallons annually. The company is open for 312 days. Annual carrying cost is $0.50 per gallon. The setup cost of production is $512.35. Determine the economic production quantity in gallons. No decimals. During the registration time, students in the School...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers:...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 800,000 Selling price $900 $750 Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Activity Cost Setups Number of setups 300 200...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers:...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 800,000 Selling price $900 $750 Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Activity Cost Regular 200 Setups Number of setups 300...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers:...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 $900 800,000 $750 Selling price Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Setups Number of setups 300 Machining Machine hours...
apter 7 wuZ Saved Help Save & Exit Sut 7 Bryson Carpet Mills produces a variety of different carpets. Changing from production of one carpet to another involves a setup cost of $500. One particular carpet costs $8/yard to produce. Annual demand for this style is 50,000 yards. Bryson Mills produces carpet 200 days per year. The production process is most efficient when 2,000 yards/day are produced. Inventory carrying cost is estimated at 20 percent annually. What should be the...
4. Dream Weavers manufactures wool-mix carpets. The cost of setting up the production process for a production run is $800. The annual demand is estimated to be 28,000 yards of carpet. The annual carrying cost is S5 per yard. The manufacturing facility operates 350 days per year and produces 400 yards of carpet per day a. Find the optimal production run quantity for Dream Weavers. b. Find the minimum total inventory cost per year. c. Find the optimal length of...
1 A factory produces carpets and in the process also pollutes into a local river. The demand for carpets is given by: 1)1D 寧200 1:MM) $250 1100 $300 700 The supply of carpets is determined by an industry where each firm has a constant marginal cost of $200 per carpet. The marginal external cost of the pollution, however, is (a) Draw a supply and demand curve diagram using the information given and use it to show the competitive equilibrium price...
Question 4 (5 points) Iron Hill Pallet Company produces hardwood mulch by grinding used pallets. The company's grinder can produce 12 cubic yards of mulch per hour and operates the grinder 24 hours per day for 250 days per year. The annual demand for mulch is 42,000 cubic yards. It costs Iron Hill $200 to setup the grinder for production. It costs iron hill $20 to produce a cubic yard of mulch, and they use a factor of 10% to...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 800,000 Selling price $900 $750 Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Activity Cost Setups Number of setups 300 200...
I need help ASAP!
Thank you :D
2:
The Shenandoah Valley Cider Farms Company produces apple cider and sells their products to the local retailers. The annual demand for cider is 219,412 gallons. The company is able to produce 292,043 gallons annually. The company is open for 312 days. Annual carrying cost is $0.50 per gallon. The setup cost of production is $512.35. Determine the economic production quantity in gallons. No decimals. During the registration time, students in the School...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 800,000 Selling price $900 $750 Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Activity Cost Setups Number of setups 300 200...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 800,000 Selling price $900 $750 Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Activity Cost Regular 200 Setups Number of setups 300...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 $900 800,000 $750 Selling price Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Setups Number of setups 300 Machining Machine hours...
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