ParagraphStylesEditingIf the annual demand is reduced to 9,000 units, the set-up costs increased to $110,inventory carrying cost increasedto $0.60 per unit per year and the demand during the production period is maintained at60 units per day and 80units can be manufactured daily, calculate:A) ) The optimum production quantity (Q*) per production run (or per production lot).B) The length of each production run.C) The number of production runs per year.ictions: Onacer%&

Given: Annual demand (D) =9,000 units Daily demand (d) = 60 units/dayProduction per day (P) = 80…

Answered: If the annual demand is reduced to…

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...

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Which of the following is a primary activity in the value chain? A. Receiving and handling of raw materials and other inputs B. Setting up Contractual arrangements with various suppliers C. Finding suitable vendors to supply raw materials D. Negotiating prices with vendors E. Investigating new designs.
Let’s say that Glass For Sale, Inc. manufacturers replacement glass for the home remodelingindustry. In January, the company produces fifteen-thousand windows and ended the monthwith nine-thousand windows in inventory. Glass For Sale’s management team would like to develop a production schedule for the next three months. A smooth production schedule is obviously desirable due to the fact that it maintains the current workforce and provides a similar month-to-month operation. However, given the sales forecasts, the production capacities, and the storage capabilities as shown in Table two, the management teamdoes not think a smooth production schedule with the same production quantity each month is possible. The company’s cost accounting department estimates that increasing production by one window from one month to the next will increase total costs by one dollar for each unit increase in the production level. In addition, decreasing production by one unit from one month to the next…
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â€¢ 1An advantage of a make-to-stock process is which of the following? o It responds directly to customer orderso It allows the firm to avoid inventory costso Rapid delivery of a standard producto All units of output are uniqueCorrectâ€¢ 2According to Littleâ€™s law, which of the following can be used to estimate inventory?o Set up time times throughput rateo Process time times cycle timeo Process velocity times flow timeo Throughput rate times flow timeCorrectâ€¢ 3Which of the following is a principle of reengineering? o Integrate the outcomes of parallel activitieso Organize around the taskso Treat geographically dispersed resources as though they were centralizedo Capture information many times, at the source and where it is interpretedCorrectâ€¢ 4Which of the following is one of the major types of stakeholders impacted by most consulting projects?o International government regulatorso Other consultantso…
Paccar Winches production facility has an output of one thousand winches a month. The production facility has a design capacity of 3000 winches; the production facility operates at an efficiency is 50%. The effective capacity of the production facility is-----units?
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