Describe what will be the maximum inventory level, Operation Management

Assignment Help:

ABC Co manufactures a subcomponent at the rate of 400 per day when required. Its annual demand for this item is 50000 unites. Assume 250 working days per year. Holding cost is $10 per unit per year. Set-up cost is $150 per set-up.

Find

A) Economic production quanity.

B) How many production runs will be made per year.

C) What will be the maximum inventory level.

D) What percentage of time during the year will this item be produced

E) What is the annual cost for ordering and holding inventory


Related Discussions:- Describe what will be the maximum inventory level

Linear programming model, You are manger of a bakery, where only pizza's ar...

You are manger of a bakery, where only pizza's are baked. For this purpose,you purchse flour at a rate of Rs.4/kg. It is notices that in a week at most five pizza's can be sold. At

Number defective - np chart, Number Defective - Np Chart This type of ...

Number Defective - Np Chart This type of chart can be used when it is possible to establish a constant sample size n. It has the advantage that it is readily understood by use

Explain sexual assault prevention and response, What impact do you think th...

What impact do you think that the DODs new Sexual Assault Prevention and Response (SAPR) program will have on the culture and the historic problems of sexual assault/harassment and

Explain employee empowerment and participation important, For you personall...

For you personally, do you consider employee empowerment and participation important? Would you take a job where you are not empowered?

Computer simulation used to evaluate capacity, Computer simulation Used to ...

Computer simulation Used to Evaluate Capacity In many systems, proper scheduling of the conveners ion can lead to better use of existing capacity. Sometimes a careful analysis r

Innovative ideas for management position, These are questions I were asked,...

These are questions I were asked, i'm assuming you could understand the question based on the way I worded the answers. It's suppose to be a paragraph but i'm not exactly sure what

How minimizes the number orders waiting in the queue, Which of the followin...

Which of the following rules maximizes the number of orders processed in a center and minimizes the number orders waiting in the queue? Shortest operation next First-come/fir

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