Explain what is the best production order quantity, Operation Management

Assignment Help:

Johnson Plastics makes and sells, among many other things, specialty plastic display cases for retail stores. Johnson's expected demand for the display cases is 1,000 units, and average daily demand is 3 units. The production process is most efficient when 12 units per day are produced at a cost of $119 per unit. Setup cost is $39. Inventory carrying cost at Johnson is determined to be 8 percent annually.

1. What is the best production order quantity? in units

2. How many days is a required production run?


Related Discussions:- Explain what is the best production order quantity

Advantages of the enterprise-wide systems, Q. What are the advantages of th...

Q. What are the advantages of the enterprise-wide systems? Benefits of Enterprise-wide systems (ERP) systems: a. In this system integration of software applications can easi

Describe the importance of each in relation to outsourcing, List five consi...

List five considerations to consider when starting to define the scope of the business process outsourcing transaction and discuss the importance of each in relation to outsourcing

Explain all types of worker's participation, Explain all types of worker's ...

Explain all types of worker's participation. Types of Worker's Participation - Worker's participation in management may take several forms, for example:   (a) Formal partici

What is network perspectives in innovative research, What are the different...

What are the different network perspectives in innovative research? Why do authors differ in how they define innovation networks? How can networks influence actions of its members?

Explain major forces in the task environment, You are the new manger of a m...

You are the new manger of a major clothing store that is facing a crisis. this clothing store has been the leader in its market for the last 15 years in the last three years howeve

Explain what does business intelligence mean to a business, What does busin...

What does business intelligence really mean to a business? What are the negative impacts of business intelligence? How does a database and data warehouse support business intellige

Explain re-negotiate a new relationship, You are very annoyed by one of you...

You are very annoyed by one of your third-party service providers (3PL) and want to confront him and re-negotiate a new relationship. How would you go about this important task?

Explain consumer products into brazil, What steps could a company take to a...

What steps could a company take to avoid making product design and marketing mistakes when introducing new consumer products into Brazil?

#titCAREING FOR TODDLERle.., HOW TO CARE FOR A TODDLERn #Minimum 100 words ...

HOW TO CARE FOR A TODDLERn #Minimum 100 words accepted#

Digital Cell Phone Inc., Prepare Paul Jordan''s report to John Smithers usi...

Prepare Paul Jordan''s report to John Smithers using regression analysis. Provide a summary of the cell phone industry outlook as part of Paul''s response.n..

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