Question

A company that produces hair dryers buys some of the components, but it makes the heating element, which it can produce at the rate of 820 per day. Hair dryers are assembled daily, 247 days a year, at a rate of 310 per day. Because of the disparity between the production and usage rates, the heating elements are periodically produced in batches of 2,200 units. a. Approximately how many batches of heating elements are produced annually? (Round your answer to 2 decimal places.) Answer is complete and correct. Number of batches 34.80 b. If production on a batch begins when there is no inventory of heating elements on hand, how much inventory will be on hand 2 days later? Answer is complete but not entirely correct. Number of inventory 2,040

Answer 1

b.

Heating element produce 2 days:

= 820 per day X 2

= 1,640

Dryers assembled in 2 days:

= 310 X 2

= 620

620 heating element are used in 2 days.

Number of inventory = 1,640 - 620

= 1,020