Please do not give solution in image formate thanku. Consider a firm that operates a cannery. All fish brought in by a fleet of fishing boats are processed at the cannery. The firm also has a freezer of unlimited size that stores unprocessed fish. Assume that the freezer is empty in the beginning of the year. There are three seasons. The fleet yields 8400 tons/month during the first third of the year, 11200 tons/month during the middle third, and only 1400 tons/month during the final third. The cannery's processing capacity equals 7000 tons/month. a- What is the inventory level at the end of January? Please give your answer in tons. b - What is the inventory level at the end of February? Please give your answer in tons. c - What is the inventory level at the end of May? Please give your answer in tons.
Please do not give solution in image formate thanku.
Consider a firm that operates a cannery. All fish brought in by a fleet of fishing boats are processed at the cannery. The firm also has a freezer of unlimited size that stores unprocessed fish. Assume that the freezer is empty in the beginning of the year. There are three seasons. The fleet yields 8400 tons/month during the first third of the year, 11200 tons/month during the middle third, and only 1400 tons/month during the final third. The cannery's processing capacity equals 7000 tons/month.
a- What is the inventory level at the end of January? Please give your answer in tons.
b - What is the inventory level at the end of February? Please give your answer in tons.
c - What is the inventory level at the end of May? Please give your answer in tons.
d - What is the average monthly inventory (in tons)? Please keep 4 decimals.
e - Calculate the average system throughput rate. Please give your answer in tons/month.
f - Determine the average waiting time of fish in the freezer (= average time spent in the freezer before being processed). Please give the answer in months (keep 4 decimals).
f-
Step by step
Solved in 3 steps with 2 images