Determine the approximate length of cycle

Assignment Help Operation Management
Reference no: EM132183266

1. A chemical firm produces sodium bisulfate. Demand for this product is 20 tons per day. The capacity for producing the product is 50 tons per day. Setup costs $300, and storage and handling costs are $4 per ton a year. The firm operates 200 days a year.

A. Identify the optimum production run size?

B. Determine the approximate length of a cycle, in days?

C. Determine the approximate length of a production run, in days

D. About how many runs per year would there be?

E. how much is the optimum total cost?

2. A large bakery buys flour in 25 pound bags. The bakery uses an average 1215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $40 per order. Annual carrying costs are $75 per bag. Answer the following questions.

a. Determine the economic order quantity.

b. What is the average number of bags on hand?

c. How many orders per year will there be?

d. compute the total cost of ordering and carrying flour?

Reference no: EM132183266

Questions Cloud

Circumstances is the implied warranty of merchantability : Under which of the following circumstances is the implied warranty of merchantability NOT excluded or modified?
About environmental regulation and sustainability contracts : Please Explain about Environmental Regulation and Sustainability Contracts and Sales: Introduction, Formation, and Consumer Protection.
Facility measure success of charge master review project : How could the facility measure the success of the chargemaster review project?
Three phases of the evolution of supply chain concept : Describe the three phases of the evolution of the supply chain concept.
Determine the approximate length of cycle : A chemical firm produces sodium bisulfate. Determine the approximate length of a cycle, in days? About how many runs per year would there be?
How each of the five forces affects the organization : Analyze how each of The Five Forces affects the organization and how each force may affect the ones. Evaluate which force is the strongest and why.
Parties are entitled to have observers present during voting : As the NLRB agent supervises the conduct of the election, no parties are entitled to have observers present during the voting.?
Research at least location that can be considered cluster : Research at least location (city) that can be considered a cluster What characteristics do industrial clusters have that other cities do not have?
Bargaining representative is to hold secret ballot election : the method of determining the employees’ choice of a bargaining representative is to hold a secret ballot election.

Reviews

Write a Review

 

Operation Management Questions & Answers

  Considered strength for matrix organization

Which of the below is not considered a strength for a matrix organization?

  Threat level of rivalry and substitutes is low

Overall, the average level of performance in an industry is likely to be highest when the threat level of rivalry and substitutes is low, but the threat level of suppliers, buyers and new entrants is high. Do you agree or disagree with the previous s..

  Achievement of an organization strategic objectives

How does the HR planning process facilitate the achievement of an organization's strategic objectives?

  The firm must assign interviewers to conduct surveys

A company has been contracted to do a survey. The firm must assign interviewers to conduct surveys by phone or in person. One person can either conduct 80 phone interviews or 40 in person interviews in a single day. An interviewer can conduct only on..

  Explain how channel partners rely on each other

•Explain how channel partners rely on each other to sell their products and services. Provide specific examples.

  What is importance of individual and organizational plans

What is the importance of individual and organizational plans?

  Target markets can best be associated with

Target markets can best be associated with

  Hamlet confronts many of the universal problems

In his journey from naive innocence to disillusioned adulthood, Hamlet confronts many of the universal problems that plague everyone. Shakespeare uses specific soliloquies, or speeches, to suggest that Hamlet makes discoveries about himself and the w..

  What is the SLOPE of graph at point where number of minutes

Carrier M offers Plan M-1 for $60 a month with unlimited data and texts. No minutes are included. You pay $0.12 per minute for the first 100 minutes, $0.14 per minute for minutes 101-200, $0.16 per minute for minutes 201-300, $0.18 per minute for min..

  Printing company has a contract with legal firm to copy

A printing company has a contract with a legal firm to copy their court documents. Desired service level is 85%. In this problem daily demand is constant?

  What is the most economical combination of the four meats

The packer would like each 2-ounce hot dog to be at least 25% beef. What is the most economical combination of the four meats to make this hot dog?

  Describe the major categories of assumptions

Describe the major categories of assumptions that must be specified to project a future balance sheet, given a current balance sheet.

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