Homework Answers
![POQ = \displaystyle \sqrt{}2DS/H[1-(d/p)]](http://img.homeworklib.com/questions/177307e0-a635-11eb-8dbb-89d867375957.png?x-oss-process=image/resize,w_560)
=
(2*25550*20)/0.02*[1-(70/90)]
= 15164 units
d= 25550/365 = 70
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Question 7 Consider a POQ model as follow: Set-up cost: $20 per set up Holding cost:...
OS DATL Text Direction AAA, DJ Align Text Aa - A Po convertito SmartArt 13 Paragraph...
OS DATL Text Direction AAA, DJ Align Text Aa - A Po convertito SmartArt 13 Paragraph 112 11 10 9 8 HIGHSTEHEN Shape Fill Find Shape Outline bac Replace Arrange Quick Shape Effects Select Styles Drawing Editing 24:15 6.1.7.18 1 -10 111 112 1 0 1.9 Question 7 Consider a POQ model as follow: Set-up cost: $20 per set up Holding cost: $0.02 per unit per day Annual Demand: 25,550 units Production rate: 90 units per day Determine the production...
questions 4,5&6. Please show work (365 days in a year) The cost to set up for...
questions 4,5&6. Please
show work (365 days in a year)
The cost to set up for producing a standard component is approximately $300. Once set up they can produce at a rate of approximately 20 units/day (5,000 units per year) at a cost of $100 each. Annual demand is forecast at 2,000 units. If the firm uses 30% annual rate for holding inventory: (Choose the nearest value from the given answers) 01. What is the most economical lot size to...
PLEASE DO BY HAND! DQuestion 12 6 pts Ace Manufacturing produces commercial lawnmowers units in batches. the company estimates the demand for the year is 10,000 units. It costs about $80 to set up th...
PLEASE DO BY HAND!
DQuestion 12 6 pts Ace Manufacturing produces commercial lawnmowers units in batches. the company estimates the demand for the year is 10,000 units. It costs about $80 to set up the manufacturing process, and the carrying cost is about 70 cents per unit per year. When the production process has been set up, 120 lawnmowers units can be made daily. The demand during the production period is approximately 60 units per day. The company operates its...
A product has a demand of 436 units per month. Ordering cost is $20, and holding...
A product has a demand of 436 units per month. Ordering cost is $20, and holding cost is $4 per unit per year. The EOQ model is appropriate. The total management cost (holding and setup costs only) for this product will be per year. demand 436 per month order cost $20 per order holding cost $4 per unit per year Excel Access QUESTION 29 A drone company builds its own motors, which are then put into each drone. While the...
5 points Consider an item with item cost 100. The cost per order is 75 and...
5 points Consider an item with item cost 100. The cost per order is 75 and holding cost is 30% of the item cost. Daly demand is 10 units. The supplier takes 12 days to deliver the products. Assume that demand is constant. Also assume that working days in a year are 300 1. What shall be economic order quantity? 2. What shall be reorder point to run this inventory system? 3- What shall be total annual cost to run...
A company follows an EPQ model with production rate -180 units per month and a demand...
A company follows an EPQ model with production rate -180 units per month and a demand of 1,000 units per year the cost for production 35% of annual interest rate 4. 90. Starting the production line has a cost of $950 the holding cost is V hi a) b) Calculate optimal Q Draw the EPQ process and calculate total cycle time and production time use the diagram to get equations
A product has annual demand of 100,000 units. The plant manager wants production to follow a...
A product has annual demand of 100,000 units. The plant manager wants production to follow a four-hour cycle. Based on the following data, what setup cost will enable the desired production cycle? d=800 per day (250 days per year), p=4000 units per day, H=$40 per unit per year, and Q=400 (demand for four hours, half a day).
QUESTION 14 In a non-instantaneous receipt model (i.e., production run model), daily demand is 40 units...
QUESTION 14 In a non-instantaneous receipt model (i.e., production run model), daily demand is 40 units and daily production is 100 units, Co-$50 and Ch-$3 per unityear. The production facility operates 300 days per year. Assume the optimal production quantity is 817. What is the maximum inventory level? O A. 348 B. 577 ° C. 490 D. 780 QUESTION 15 In a non-instantaneous receipt model (i.e., production run model), daily demand is 40 units and daily production is 10 units,...
Sharpe Cutter is a small company that produces specialty knives for paper cutting machinery. The annual...
Sharpe Cutter is a small company that produces specialty knives for paper cutting machinery. The annual demand for a particular type of knife is 100,000 units. The demand is uniform over the 250 working days in a year. Sharpe Cutter produces this type of knife in lots and, on average, can produce 500 knives a day. The cost to set up a production lot is $320, and the annual holding cost is $1.30 per knife. a. Determine the economic production...
Annual demand for an item is 1,250,000 units. The holding cost rate is 20% of the...
Annual demand for an item is 1,250,000 units. The holding cost rate is 20% of the item cost. Ordering costs are $4 per order. Quantity discounts are available according to the schedule below: Quantity Price per Unit ($) 1-999 1.15 1,000-2,499 1.10 2,500-4,999 1.08 5,000+ 1.05 What is the total annual cost of your policy? ~$1,313,949 ~$1,351,540 ~$1,377,276 ~$1,422,620 Assume 52 5-day weeks per year. If the lead-time is 1 weeks, what should the reorder point be? If necessary, round...
OS DATL Text Direction AAA, DJ Align Text Aa - A Po convertito SmartArt 13 Paragraph 112 11 10 9 8 HIGHSTEHEN Shape Fill Find Shape Outline bac Replace Arrange Quick Shape Effects Select Styles Drawing Editing 24:15 6.1.7.18 1 -10 111 112 1 0 1.9 Question 7 Consider a POQ model as follow: Set-up cost: $20 per set up Holding cost: $0.02 per unit per day Annual Demand: 25,550 units Production rate: 90 units per day Determine the production...
questions 4,5&6. Please
show work (365 days in a year)
The cost to set up for producing a standard component is approximately $300. Once set up they can produce at a rate of approximately 20 units/day (5,000 units per year) at a cost of $100 each. Annual demand is forecast at 2,000 units. If the firm uses 30% annual rate for holding inventory: (Choose the nearest value from the given answers) 01. What is the most economical lot size to...
PLEASE DO BY HAND!
DQuestion 12 6 pts Ace Manufacturing produces commercial lawnmowers units in batches. the company estimates the demand for the year is 10,000 units. It costs about $80 to set up the manufacturing process, and the carrying cost is about 70 cents per unit per year. When the production process has been set up, 120 lawnmowers units can be made daily. The demand during the production period is approximately 60 units per day. The company operates its...
A product has a demand of 436 units per month. Ordering cost is $20, and holding cost is $4 per unit per year. The EOQ model is appropriate. The total management cost (holding and setup costs only) for this product will be per year. demand 436 per month order cost $20 per order holding cost $4 per unit per year Excel Access QUESTION 29 A drone company builds its own motors, which are then put into each drone. While the...
5 points Consider an item with item cost 100. The cost per order is 75 and holding cost is 30% of the item cost. Daly demand is 10 units. The supplier takes 12 days to deliver the products. Assume that demand is constant. Also assume that working days in a year are 300 1. What shall be economic order quantity? 2. What shall be reorder point to run this inventory system? 3- What shall be total annual cost to run...
A company follows an EPQ model with production rate -180 units per month and a demand of 1,000 units per year the cost for production 35% of annual interest rate 4. 90. Starting the production line has a cost of $950 the holding cost is V hi a) b) Calculate optimal Q Draw the EPQ process and calculate total cycle time and production time use the diagram to get equations
QUESTION 14 In a non-instantaneous receipt model (i.e., production run model), daily demand is 40 units and daily production is 100 units, Co-$50 and Ch-$3 per unityear. The production facility operates 300 days per year. Assume the optimal production quantity is 817. What is the maximum inventory level? O A. 348 B. 577 ° C. 490 D. 780 QUESTION 15 In a non-instantaneous receipt model (i.e., production run model), daily demand is 40 units and daily production is 10 units,...
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