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Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponets at a rate of 12,800 per year(of 250 working days). Holding costs are $2 per item per year, and ordering costs are $29 per order. a)What is the economic production quantity? b)How many production runs per year will be made? c) What will be the maximum inventory level? d) What percentage of time will the facility be producing components? e)What is the annual cost of ordering and holding inventory?
Find out the optimal assignment of taxis to customers so as to minimize total driving distances to the customers.
The maximum amount available of the "Other" ingredients is 125 tons. The cement sells for $60 per ton. The organization needs to maximize its profit. Formulate the linear programming problem to maximize the profit.
Identify how changes in the external environment may affect the OM strategy for a company. For example, what impact are the following factors likely to have on OM strategy
A grocery store operates a fleet of 8 trucks. The trucks arrive at random times throughout the day to be loaded with new deliveries. Describe the queue utilizing the Kendall notation.
The distances in miles from the waiting taxis to the customers are given in the subsequent table. Find out the optimal assignment of taxis to customers so as to minimize total driving distances to the customers.
Elucidate what is the optimal solution. describe how many workers should be assigned to every type of machine. Every product needs the subsequent processing times (in hours) on every of 3 machines.
Decide whether the supply chain represents a low-cost, rapid response or differentiation strategy. Are the supply-chain characteristics significantly different from one product to another.
Express objectives of aggregate (production) planning and relationship between aggregate plan and master production schedule.
Elucidate how does increased wait times waste money or cost you business. Elucidate how can you determine steps in your businesses process which are wasteful.
the industry expects to achieve an efficiency level for the cranks of 85percent. Illustrate what is the expected weekly o/p of cranks for this company.
If machine produces 2000 or more units a week, it is possible to export all production as a single bulk order. n re is a 60% chance of selling for 50% more profit and a 40% chance of selling for 50% less profit. Illustrate what should be d1 to max..
There are 360 working days per year and the lead-time is 5 days. If Mark orders 200 units each time he places an order, what would his total ordering cost be for the year?
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