What is the optimal size of the production? run

Assignment Help Operation Management
Reference no: EM131666067

Radovilsky Manufacturing? Company, in? Hayward, California, makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders for about 12,200 flashing lights per year and has the capability of producing 95 per day. Setting up the light production costs ?$51. The cost of each light is ?$0.95. The holding cost is ?$0.10 per light per year.

?a) What is the optimal size of the production? run?

nothing units ?(round your response to the nearest whole? number)

Reference no: EM131666067

Questions Cloud

What role do the international monetary fund : What role do the International Monetary Fund (IMF) and the World Bank play? And what are some of the potential benefits or harms of these organizations?
Economic order quantity if price is not consideration : M. P. VanOyen Manufacturing has gone out on bid for a regulator component. What is the economic order quantity if price is not a? consideration?
Basic cause of the labor problem : 1) List the four schools of thought along with the basic cause of the labor problem and solution to the labor problem for each.
Describe the growing use of penetration testing in companies : Describe the growing use of penetration (pen) testing in many companies. Identify what the pen testing process is and how the outcomes should be handled.
What is the optimal size of the production? run : Radovilsky Manufacturing? Company, in? Hayward, California, makes flashing lights for toys. What is the optimal size of the production? run?
What are some of the factors that have prevented women : What are some of the factors that have prevented women from obtaining a proportional share of leadership positions in government and in organizations.
Discuss what he would have earned as a lawyer : Byron a law student, needed a pen to write an exam. Sarah, another law student, sold him her spare pen for R1.29. and during the exam
Concerned after receiving her weekly paycheck : Larren Buffett is concerned after receiving her weekly paycheck. She believes that her deductions for Social Security
Using weeks of supply as well as by inventory turnover : Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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