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Water Wheelies manufactures high-pressure sprinkler heads. These are produced periodically at a rate of 20,000 per month. Demand is steady at 15,000 per month. Each production run has a set-up cost of $120. Variable direct production costs are $6.00 for labour, $2.00 for parts, and $4.00 for raw materials. Water Wheelies uses an annual inventory holding cost of 20% of the unit cost for carrying the unit for one year. a. Determine the optimal production quantity during each production run. b. Determine the annual holding cost, set-up cost and total cost. c. Determine the maximum inventory. d. Determine the cycle time between two production runs in days. Assume 250 days per year. In each cycle compute the number of days the production facility is busy (uptime) and the number of days the production facility is idle (downtime). e. Water Wheelies can double its production rate by using a new technology, but the set-up cost per production run will also double. Determine the economic production quantity and the annual holding and set-up costs.
Calculate the minimum replenishment time to build 2500 Model A fountains given the following beginning inventories?
illustrate what percentage of American families will live in an urban area. Illustrate what problems might occur if this model were used to predict the future population distribution of the United States.
Elucidate what is the Pygmalion Effect as it relates to leadership also management. Why is the Pygmalion Effect important when implementing a Strategic Quality Management initiative or any change initiative.
Company A uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled.
Raw material costs $3 per pound and direct production labor is paid $4 per hour. Fixed supervisory costs are $2,000 per month and EB rents its factory for $4,000 per month. How many packs of diapers should EB sell every month to break even?
The specification limit for a bag of C&A s jelly beans is 16 ounces and 13 ounces. A process that produces the jelly beans has a mean of 14.5 ounces and a standard deviation of 0.75 ounces. What conclusion can be drawn regarding C&A s bagging proc..
Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting.
Do freedom and individual rights have a universal meaning or should they be defined differently in different countries?
Macon Controls produces three different types of control units used to protect industrial equipment from overheating. Each of these units must be processed by a machine that Macon considers to be their process bottleneck.
Which of the following statements about the organization is true?
Explain which knowledge acquisition strategies would help wind tunnel to gain the necessary intellectual capital. Discuss the particular objectives of purchasing also supply management.
A manager must make a decision on shipping. The shipper the manager's company is contracted to use offers 2 day and 7 day delivery. The cost is 500 dollars for 2 day delivery and 300 dollars for 7 day delivery.
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