What is the economic production quantity nothing units

Assignment Help Operation Management
Reference no: EM132192077

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponents at a rate of 12,400 per year (of 250 working days). Holding costs are $2 per item per year, and ordering costs are $31 per order.

a) What is the economic production quantity nothing units (round your response to two decimal places).

b) How many production runs will be made each year?

c) What will be the maximum inventory level?

d) What percentage of time will the facility be producing components?

Reference no: EM132192077

Questions Cloud

How do you think the court will rule : At this writing four officials had been charged. These included emergency managers and finance officials. Note they are just charged at this point.
Effects of different marketing plans in different regions : Testing and comparing the effects of different marketing plans in different regions is an example of? _____________.
Netflix was the world largest online movie rental service : In 2011 Netflix was the world's largest online movie rental service. Did Netflix underestimate the push-back from their price increase?
Most significant thing to learn about persuasive speech : What is the most significant thing to learn about persuasive speech?
What is the economic production quantity nothing units : What is the economic production quantity nothing units. What percentage of time will the facility be producing components?
Most effective solution would be to install scrubber system : After investigating numerous alternatives, you find the most effective solution would be to install a “scrubber” system,
Why are certain contracts required to be in writing : Why are certain contracts required to be in writing? Define the Statute of Frauds and its purpose?
Individual negotiate job offer in line with desire salary : How can an individual negotiate a job offer in line with desire salary
Encompasses major metropolitan area : You are the elected Sheriff for a county that encompasses a major metropolitan area.

Reviews

Write a Review

Operation Management Questions & Answers

  Integral part of the strategic management of an organization

Why and how are the following an integral part of the strategic management of an organization, i.e. strategic planning, strategic execution, and strategic control? Discuss each fully and separately. Be specific.

  Explain each of the five steps of a six sigma project

Explain each of the five steps of a Six Sigma project. Identify an organization that has successfully utilized the Six Sigma process and explain the purpose of the project, the outcome of the project, and the major accomplishments or milestones as..

  Used to enhance and maintain customer relationships

Define more than two strategies that can be used to enhance and maintain customer relationships,

  Research various templates for developing project charter

Using online resources, research various templates for developing a project charter.

  Considering purchase of ambulance-exponential with alphaa

The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. If a? 2-year moving average is used to make the? forecast, the MAD based on this? = _______ miles..

  Working under independent contractor agreements

Broker Digg has nine salespeople working under independent contractor agreements. Biggs may not:

  Evaluate various supply chain strategy considerations

Evaluate various supply chain strategy considerations for managers moving products or services to the consumer.

  Cause in suspending officer vincent

As an attorney for the Town of Stevenson, develop a case to support the department’s just cause in suspending Officer Vincent.

  Challenging place for people with marginalized identities

“We know that tech can be a challenging place for people with marginalized identities. What is your company doing to change that?

  What is the incremental holding cost when changing

Your mid-sized wholesale company deals mostly in low cost commodity items. One particular product, dehydrated water, has a holding cost of only $1.36 per case.

  Employees come in to start work early-stay beyond scheduled

If employees come in to start work early, or stay beyond scheduled hours, or come in to work on days off,

  Why treat employees fairly in the workplace

Why is managing dismissals important? Why treat employees fairly in the workplace?

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