Briefly discuss any three process structures for manufacturing, with one appropriate example.
Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
1. Briefly discuss any three process structures for manufacturing, with one appropriate example.
2. see attached
![Khomas Trading Co sells 25 000 bags of cement per year. The holding costs are estimated to be N$50
per bag per year. The ordering costs are N$120 per order. The business works for 280 days per year.
Determine:
i) the optimal economic order quantity (EOQ)
ii) the number of orders per year
(3)
(2)
iii) the length of the ordering cycle
iv) the total annual inventory costs
v) if the holding costs increase to N$65 per bag, what will the total annual inventory costs amount
(3)
(3)
to?
(4)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4c3c9761-ec9e-4791-a20c-8f116d5241b0%2Fbf2eacc5-efa1-470e-b7d6-1393cf3c31ee%2Fv0rbddf_processed.png&w=3840&q=75)
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