Homework Help is Here – Start Your Trial Now!
Business
Operations Management
An electronics manufacturer uses 1500 keyboards annually for its popular laptop series. The firm makes its own keyboards, which it can produce at a rate of 16 per day. Carrying cost is P100 per keyboard a year. Setup cost for a production run of keyboards is P15,000. The firm operates 200 days per year. Determine the following: a. Optimal Run Size (ap) b. Minimum total annual cost (TCmin) c. Cycle Time for the optimal run size d. Run Time for the optimal run size

An electronics manufacturer uses 1500 keyboards annually for its popular laptop series. The firm makes its own keyboards, which it can produce at a rate of 16 per day. Carrying cost is P100 per keyboard a year. Setup cost for a production run of keyboards is P15,000. The firm operates 200 days per year. Determine the following: a. Optimal Run Size (ap) b. Minimum total annual cost (TCmin) c. Cycle Time for the optimal run size d. Run Time for the optimal run size

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
See similar textbooks
icon
Related questions
Question
PLEASE ANSWER ASAP, I REALLY NEED HELP
5. An electronics manufacturer uses 1500 keyboards annually for its popular laptop series. The firm makes its own keyboards, which it can produce at a rate of 16 per day. Carrying cost is P100 per keyboard a year. Setup cost for a production run of keyboards is P15,000. The firm operates 200 days per year. Determine the following: a. Optimal Run Size (ap) b. Minimum total annual cost (TCmin) c. Cycle Time for the optimal run size d. Run Time for the optimal run size
Transcribed Image Text:5. An electronics manufacturer uses 1500 keyboards annually for its popular laptop series. The firm makes its own keyboards, which it can produce at a rate of 16 per day. Carrying cost is P100 per keyboard a year. Setup cost for a production run of keyboards is P15,000. The firm operates 200 days per year. Determine the following: a. Optimal Run Size (ap) b. Minimum total annual cost (TCmin) c. Cycle Time for the optimal run size d. Run Time for the optimal run size
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 9 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS