Determine the optimum number of production runs

Assignment Help Operation Management

Reference no: EM131181715

Boxes Inc. sells sell type EZ cardboard shipping boxes. The firm requires 500 boxes each week, and it meets this demand with a production capacity of 100 boxes per day (Monday thru Friday). Set up costs before each run are $30.00 and holding costs are $.03 per box per day. There are 310 production days per year. Determine the optimum number of production runs. What is the maximum size of the inventory? How long does it take for inventory to reach this maximum?

Reference no: EM131181715

Questions Cloud

Determine the fundamental frequency and period : Determine the fundamental frequency, fundamental radian frequency, and period of the following: (a) 5 sin 9t: (5) 200 cos 70t, (c) 4 sin (4t- 10°); (or) 4sin (4t + 100).

What problems are involved in using incentive plans : What problems are involved in using incentive plans in a small company?- How would the nature of the work affect managements decision concerning the use of such a plan?

Financing for coal sourcing have been big problem for plant : A Coal Fired Power Plant in Bangladesh needs 2250 Metric tons of coal every day. The Plant imports coal from Australia, China, Indonesia, India but the import, shipping, trucking, payment to suppliers, import documentation, financing for coal sourcin..

How standards may be used to capture organizational wisdom : Explain how standards may be used to capture organizational wisdom about effective methods of software development. Suggest four types of knowledge that might be captured I organizational standards.

Determine the optimum number of production runs : Boxes Inc. sells sell type EZ cardboard shipping boxes. The firm requires 500 boxes each week, and it meets this demand with a production capacity of 100 boxes per day (Monday thru Friday). Determine the optimum number of production runs. What is the..

Enterprise social computing : The dynamic nature of user-generated content, enabled by Web 2.0, has given rise to several relatively new Internet trends and freely accessible information.

Responsibilities of individuals with exceptionalities : The rights and responsibilities of individuals with exceptionalities, parents, teachers, and other professionals, and schools related to exceptionalities; Identify the role of families, community members, and school professionals in the educational p..

Affecting the level of parental involvement : Adam is a fifth-grader diagnosed with a learning disability who receives instruction for all core subjects in the resource room with the special education teacher. Describe five items from the scenario affecting the level of parental involvement. For..

What phenomenon does the study investigate : Define topic and need. What phenomenon does the study investigate? Is the phenomenon a problem, an opportunity, or a dilemma? Identify variables and measures, and research questions and hypotheses. What improvements in research design can be recommen..

User Account

All Pages