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Your company manufactures turbine blades for engines in production batches for each type. For one type of blade, the A39T, you have an annual demand of 10,000 units. It costs you $1000 and takes four days to set up each manufacturing run. Holding (storage) cost is $0.50 per unit per year. Once production is set up, 80 units can be produced per day. Daily demand rate for the units is 60 per day.
a.What is the most economical number to produce per production run?
b.How long is each production cycle?
c.How many days, exclusive of setup time are you manufacturing A39T blades?
d.What is the annual holding cost?
Use an ? of 0.1 and a B (beta) of 0.2 to make a forecast for july and august. Calculate the MAD for your january through june forecasts. 15 demand units for January, 18 for february, 22 for march, 23 for april, 27 for May, 26 for june.
One of the objectives of facility location analysis is to select a site with the lowest total price. Which of the subsequent prices should not be included in the analysis.
you work for an international clothing companu called.Armoni. A non-profit organization has just revealed that a line of your stonewashed jeans is produced in hazardous conditions in bangladesh.
what is the multifactor productivity of the plant from part A?
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