Plainwell Polymers is going to producing the main dashboard structure for a new car design. The dashboard will be produced in three colors with expected daily demand as follows: Black: 365 units/day Grey: 110 units/day Tan: 210 units/day The injection-molding machine can produce a total of 1,090 parts per day running 24 hours per day. It costs Plainwell $1,040 to set up each color for producition and the daily holding cost for each part is $0.49. What is the length of the lowest cost cyclic schedule (ignoring setup time constraints) in days?
Plainwell Polymers is going to producing the main dashboard structure for a new car design. The dashboard will be produced in three colors with expected daily demand as follows: Black: 365 units/day Grey: 110 units/day Tan: 210 units/day The injection-molding machine can produce a total of 1,090 parts per day running 24 hours per day. It costs Plainwell $1,040 to set up each color for producition and the daily holding cost for each part is $0.49. What is the length of the lowest cost cyclic schedule (ignoring setup time constraints) in days?
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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Plainwell Polymers is going to producing the main dashboard structure for a new car design. The dashboard will be produced in three colors with expected daily demand as follows:
Black: 365 units/day
Grey: 110 units/day
Tan: 210 units/day
The injection-molding machine can produce a total of 1,090 parts per day running 24 hours per day.
It costs Plainwell $1,040 to set up each color for producition and the daily holding cost for each part is $0.49. What is the length of the lowest cost cyclic
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