Calculate a schedule using least-total-cost lot sizing

Assignment Help Business Management

Reference no: EM1384986

Q. 1. Initially, assume which Phil wants to minimize his inventory requirements. Assume which each order will be only for illustrate what is required for a single period. Using the following forms, calculate the net requirements and planned order release for the gear boxes and input shafts. Assume which lot sizing is done using lot-for-lot.

2. Phil would like to consider the costs which his accountants are currently using for inventory carrying and setup for the gear boxes and input shafts. These costs are as follows:
Gear box Setup = $90/order
Inventory carrying cost = $2/unit/week
Input Shaft Setup = $45/order
Inventory carrying cost = $1/unit/week

Given the cost structure, Calculate the cost of the schedule from (1). Assume inventory is valued at the end of each week.

3. Calculate a schedule using least-total-cost lot sizing. Illustrate what are the savings with this new schedule?

Reference no: EM1384986

Questions Cloud

What is the speed of the tip of a blade : With brakes fully applied, a 1430kg car decelerates from a speed of 74km/hr. What is the work done by the braking force in bringing car to a stop.

How much does she need to invest each year : How much does she need to invest each year at 5% compounded annually to meet her goal?

Power developed by the force : If the spring is originally unstretched (s = 0) and the block is at rest, determine the power developed by the force the instant the block has moved.

Find out the electric field strength at a distance : A balloon with a radius of 14.00cm and an electric charge of 3.75 × 10-9 C is brought within the electric field of the larger balloon so their centres are 40cm apart. Establish the magnitude of the electric force exerted by this electric field on ..

Calculate a schedule using least-total-cost lot sizing : Calculate a schedule using least-total-cost lot sizing. Illustrate what are the savings with this new schedule.

Assume ed can invest his money at six persent for six months : Assume Ed can invest his money at 6% for six months in an ordinary annuity.

Explain description design analyses : Description Design Analyses (perhaps include sub-categories for each process) Description of Units being Designed What do they remove? Explain how do they operate?

What does the scale indicate : A solid has a volume of 8cm3. When weighed on a spring scale calibrated in grams, the scale indicates 20g. What does the scale indicate if the object is weighed as immersed in a liquid of density 2g/cm3.

Explain how would you define the cirque du soleil core : Explain how would you define the Cirque du Soleil core competencies? Given these core competencies, can you spot other opportunities Cirque might be able to exploit?

User Account

All Pages