Describe a manufacturing company preparing to build a plant, Operation Management

Assignment Help:

A manufacturing company preparing to build a new plant is considering three potential locations for it. The fixed and variable costs for each alternative location are presented below

Costs A B C

Fixed ($) 2,000 3,000 4,000

Variable ($ per unit) 40 25 18

1. The cost functions for all three options are:

2.Location A is the best (low cost) option for production volumes between:

3. Location B is the best (low cost) option for production volumes between:

4.Location C is the best (low cost) option for production volumes between:

5. If the variable cost for Location C increases to $30, can option C still be an option? Explain.


Related Discussions:- Describe a manufacturing company preparing to build a plant

Difference among a business decision and an ethical decision, Do you believ...

Do you believe there is a difference between a business decision and an ethical decision or are they one in the same. 2. Give a specific example of a decision that you have had to

Explain organization to appraise performance formally, Why is it necessary ...

Why is it necessary for an organization to appraise performance formally? Describe some situations in which an organization would be wise if it did not appraise performance formall

Describe the importance of the calculation, Discuss the importance of the c...

Discuss the importance of the calculation and interpretation of ratios, to complete an effective financial ratio analysis?

Explain the case of ellen moore living and working in korea, The case of El...

The case of Ellen Moore (A) Living and Working in Korea. Look at this case from the point of view of Andrew Kilpatrick. At this point in time, what would you do if you were Andrew?

Environmental forces, Aska) what types of strategic plans must wild west ma...

Aska) what types of strategic plans must wild west make? Is the "doing-nothing" viable? If Wild west''s mission appears too broad, which business would you trim first? b) what env

Explain employee''s emails and online usage, From the video, take a positio...

From the video, take a position whether an organization has the right to monitor employee's emails and online usage

Explain expected monetary value criterion, The product design group of Flor...

The product design group of Flores Electric Supplies, Inc., has determined that it needs to design a new series of switches. It must decide on one of three design strategies. The m

Hill approach to manufacturing operations, Hill Approach to Manufacturing O...

Hill Approach to Manufacturing Operations - Operation Management  Hill's five step approach to developing manufacturing operations illustrated in table below (Hill, 1993). A

Describe how many bags per run are optimal, A chemical firm produces sodium...

A chemical firm produces sodium bisulfate in 100-pound bags. Demand for this product is 20 tons per day. The capacity for producing the product is 50 tons per day. Setup costs $100

Define high inventory holding cost can lead to low eoq value, 1)The standar...

1)The standard time at Lensco Inc for grinding a set of prescription lenses is 18 minutes. If the typical efficiency for their operations is 80%, and typical machine reliability is

Write Your Message!

Captcha
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