Elucidate what should be the optimal batch size

Assignment Help Operation Management

Reference no: EM1373328

Q. Toys R us has an annual demand of 192000 clay tigers. The retailer manufactures its clay tigers at a production also shipping rate of 3200 per day. Carrying cost is $4 per clay tiger per season (quarter). Cost associated with setting up a production run of clay tigers are $180. It takes exactly 3 days to start the shipping order from the manufacturing facility to a retail store. Production also retail occurs simultaneously; both the retail also manufacturing divisions operate 240 days per year.

Elucidate what should be the optimal batch size (Q) of clay tigers to be produced also shipped to the stores in every order? Keep 4 digits after decimal points in calculations.

Reference no: EM1373328

Questions Cloud

Analyze the time-space complexity of algorithms : How a vEB tree can be used to support these three operations and analyze the time/space complexity of your algorithms.

Elucidate what volume of demand would manager have : Elucidate what volume of demand would the manager be indifferent between the 2 cities Which city should be chosen if demand is higher than this volume.

Which strategic alternatives emerge from situation analysis : Which strategic alternatives emerge from situation analysis. Which level of decision making would you target in your report-corporate, business or functional? It's for Integrative Business Strategy class.

Computing the growth rate of real gdp : Suppose past year's real GDP was $7,000 billion, this year nominal GDP is $8,820 billion, and GDP deflator for this year is 120. Determine the growth rate of real GDP? Does this demonstrate an improvement in economic welfare?

Elucidate what should be the optimal batch size : Elucidate what should be the optimal batch size (Q) of clay tigers to be produced also shipped to the stores in every order. Keep 4 digits after decimal points in calculations.

Elucidate what effect on ralsoolph corporate beta : Elucidate what effect would this have, over time, on Ralsoolph's corporate beta also on overall cost of capital.

Explain how you think to identified key resources support : Identify differences between them from a resource perspective also the industry analysis/positioning perspective. Explain how do you think the identified key resources support also/or contradict the suggestions you made for Coca-Cola in week 1.

Policy and principles of microeconomic : Suppose that the economy is already in recession, and both President and Congress have declared to do something to restore the economy.

Xplain how many cups of every blend to sell every day : The shop has enough brewing capacity to brew 30 gallons of these 2 coffee blends every day. The manager wants to know Explain how many cups of every blend to sell every day in order to maximize sales.

User Account

All Pages