a. Approximately how many batches of heating elements are produced annually? b. If production on a batch begins when there is no inventory of heating elements on hand, how much inventory will be on hand two days later? c. What is the average inventory of elements, assuming each production cycle begins when there are none on hand?
a. Approximately how many batches of heating elements are produced annually? b. If production on a batch begins when there is no inventory of heating elements on hand, how much inventory will be on hand two days later? c. What is the average inventory of elements, assuming each production cycle begins when there are none on hand?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
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![8. A company manufactures hair dryers. It buys some of the components, but it makes the
heating
element, which it can produce at the rate of 800 per day. Hair dryers are assembled daily, 250
days
a year, at a rate of 300 per day. Because of the disparity between the production and usage rates,
the
heating elements are periodically produced in batches of 2,000 units.
a. Approximately how many batches of heating elements are produced annually?
b. If production on a batch begins when there is no inventory of heating elements on hand, how
much inventory will be on hand two days later?
c. What is the average inventory of elements, assuming each production cycle begins when there
are none on hand?
d. The same equipment that is used to make the heating elements could also be used to make a
component for another of the firm's products. That job would require four days, including setup.
Setup time for making a batch of the heating elements is a half day. Is there enough time to do
this job between production of batches of heating elements? Explain.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb7a1a30b-95e6-46d4-9d3a-a732f01761af%2F39923370-2399-4f8b-8347-ab87dd61f475%2F6ifdmi_processed.png&w=3840&q=75)
Transcribed Image Text:8. A company manufactures hair dryers. It buys some of the components, but it makes the
heating
element, which it can produce at the rate of 800 per day. Hair dryers are assembled daily, 250
days
a year, at a rate of 300 per day. Because of the disparity between the production and usage rates,
the
heating elements are periodically produced in batches of 2,000 units.
a. Approximately how many batches of heating elements are produced annually?
b. If production on a batch begins when there is no inventory of heating elements on hand, how
much inventory will be on hand two days later?
c. What is the average inventory of elements, assuming each production cycle begins when there
are none on hand?
d. The same equipment that is used to make the heating elements could also be used to make a
component for another of the firm's products. That job would require four days, including setup.
Setup time for making a batch of the heating elements is a half day. Is there enough time to do
this job between production of batches of heating elements? Explain.
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