What is economic production? quantity

Assignment Help Operation Management
Reference no: EM132239433

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing? facility, in? Jakarta, the company produces subcomponents at a rate of 310 per? day, and it uses these subcomponents at a rate of 12700 per year? (of 250 working? days). Holding costs are ?$2 per item per? year, and ordering costs are ?$31 per order. ?

a) What is the economic production? quantity? ______ units ?(round your response to two decimal? places).

Reference no: EM132239433

Questions Cloud

Obtain a database administrator position : Imagine that you have the educational background, skills, and abilities to be a database administrator. The XYZ company recently announced a vacancy.
Limitations associated with the use of self-managed teams : What are the major benefits and limitations associated with the use of self-managed teams?
Calculate the relevant odds ratio : STAT4073/6073 Assignment Questions - Write down the 2 by 2 marginal table and calculate the relevant odds ratio. Conduct Pearson Chi-square
Dream store sells water beds and assorted supplies : Matthew? Liotine's Dream Store sells water beds and assorted supplies. His? best-selling bed has an annual demand of 395 units.
What is economic production? quantity : What is the economic production? quantity?
Determine chocolate city optimal order quantity : Determine Chocolate City’s optimal order quantity and the annual profit that it can expect to earn from the beans.
Discuss the stages of group development : Identify and discuss the stages of group development. What did you learn from each of the experiences?
Explain how social media has been used in terrorism : Explain how social media has been used in terrorism. Find and reference a recent article, within the last 3 months, depicting the use of social media.
Distinctions between management and leadership : Explain Similarities and Distinctions Between Management And Leadership?

Reviews

Write a Review

Operation Management Questions & Answers

  Patrick started to climb the ladder to complete paint job

As Patrick started to climb the ladder to complete the paint job, he fell backwards and broke two arms.

  Nature of some of characteristics of chinese culture

Do you believe the nature of some of the characteristics of Chinese culture may influence the success of these changes?

  How each product stacks up in terms of price and performance

A review of each product - X5, X6, and X7 - its life cycle, and how each product stacks up in terms of price and performance.

  Which process should be preferred and why

Consider two processes A and B each. Calculate Cp and Cpk for each process and interpret these ratios. Which process should be preferred and why?

  Evaluate techniques to enhance design of work processes

The Total Quality Management methodologies or practices that the organization uses or plans to use to align performance excellence with its business objectives,

  Research to measure positive and negative impacts of branch

Come with an idea that the main office or headquarter of company x wants to open a branch/facility in your community or city. Company x can be any manufacturing company, or any producing company, or any service company, or any technology company, or ..

  Keeping with the philosophy of strategic philanthropy

What would be the best way for a major company to assist victims of a natural disaster in keeping with the philosophy of strategic philanthropy?

  Discuss the role of dunn as a leader to motivate

Discuss the role of Dunn as a leader to motivate, empower, create followers, and promote communication, Discuss how Dunn should address cultural diversity within the organization

  The management topic intercultural communications

Identify an organizational problem associated with the management topic Intercultural communications.

  Incorporated into an annual business strategy productivity

Identify an organizational-level goal that would be incorporated into an annual business strategy productivity,

  Own discretion in hiring and promoting employees

What are the problems with allowing individual store managers to use their own discretion in hiring and promoting employees?”

  Did sharapka commit any crimes

Oleksiy Sharapka ordered merchandise online using stolen credit cards. He had the items sent to outlets of Mail Boxes, Etc., and then arranged for someone to deliver the items to his house. He subsequently shipped the goods overseas, primarily to Rus..

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