Determine economic run quantity

Assignment Help Operation Management
Reference no: EM1376669

Q. Dine corporation is both a maker also a user of brass couplings. Firm operates 220 days a year also uses couplings at a steady rate of 50 per day. Coupling can be marked at a rate of 200 per day. Annual storage cost is $2 per coupling also machine cost is $70 per run.

a) Determine economic run quantity.

b) Approximately elucidate how many runs per year will there be?

c) Compute maximum inventory level

 

 

Reference no: EM1376669

Questions Cloud

Obtain remainder from overtime : Which of subsequent production plans is better: Plan A-chase demand by hiring also firing; or Plan B-make at a constant rate of 1200 also obtain remainder from overtime.
Determine economic run quantity : Firm operates 220 days a year also uses couplings at a steady rate of 50 per day. Couplings can be marked at a rate of 200 per day. Annual storage cost is $2 per coupling; also machine setup cost is $70 per run. Determine economic run quantity.
What is becky''s bad debt deduction for 2012 : the bankruptcy proceedings are closed, and creditors receive 10 percent of the amount due on the debt. What is Becky's bad debt deduction for 2012? For 2013?
Forecasting personnel expenses : The following information represent total personnel costs for Palmdale Human Service Agency for last four fiscal years:
Determine economic run quantity : Coupling can be marked at a rate of 200 per day. Annual storage cost is $2 per coupling also machine cost is $70 per run. Determine economic run quantity.
Find the discounting of note receivable : Find the accrued interest earned and find the discounting of note receivable.
Create the entry to record the year-end adjusting entry : Create the entry to record the year-end adjusting entry for predictable returns and evaluate the amount of the year-end allowance for sales returns after adjusting entry is recorded?
Compute optimal quantity also total annual cost of ordering : Ordering costs are $ 35 also annual carrying costs are 20 percent of purchase price. Compute optimal quantity also total annual cost of ordering also carrying inventory.
Capital projects fund at inception : Demonstrate the entry that should be made in a capital projects fund at inception of the lease after initial payment has been made and demonstrate the entry that should be made at the inception of the lease in government activities journal.

Reviews

Write a Review

Operation Management Questions & Answers

  Which of the subsequent is one of the primary tasks faced

Which of the subsequent is one of the primary tasks faced by managers who need to improve organizational communication.

  The total cost of performing a pm

For each of the PM policies not selected in a), how much of a reduction in the PM cost (the total cost of performing a PM for all of the machines and not expressed in PM cost per machine per month) is required to have this PM policy equal to the PM p..

  Which risk factors would you address first

Developing Risk Mitigation Strategies. Develop a preliminary risk mitigation strategy for each of risk factors identified in Problem. If you were to prioritize your efforts which risk factors would you address first.

  Which of the subsequent statements is true

The average score on the Southern High test was 400 with a standard deviation of 250. Which of the subsequent statements is true given this information.

  Illustrate what is maximum number of workers required

Assuming that 1 worker is required for each activity, prepare a resource-levelled schedule. Illustrate what is maximum number of workers required to finish project on time.

  Describe four strategies the government must address

Describe four (4) strategies the government must address to sustain union membership also representation among public workers.

  Primary research of pharmaceutical manufacturer

A pharmaceutical manufacturer employed observations to improvement training of new reps. What category of research is this?

  Why is participation considered such an effective technique

Why is participation considered such an effective technique for reducing resistance to change. Describe at least 3 other tactics which are also useful to reduce resistance to change.

  Explain how well did these techniques work short term

From your own experiences, illustrate what process improvement or (re)engineering techniques have you observed. Explain how well did these techniques work short term and long term for the enterprise.

  Illustrate what capabilities do you want to develop

what should be your competitive priorities and illustrate what capabilities do you want to develop in your own core and support processes.

  Elucidate what reorder point should jack use for dog food

The present inventory on-hand is 300 bags with no backorders also no scheduled receipts. Elucidate what order quantity should Jack use for this dog food. Elucidate what reorder point should Jack use for this dog food.

  Illustrate what skills would you personally need to develop

Use the concepts of transactional, transformational, charismatic also authentic leaders to describe the leadership of Ingvar Kamprad. Illustrate what skills would you personally need to develop or refine these skills.

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