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The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5,000 per day. FSF supplies hot dogs to local restaurants at a steady rate of 250 per day. The cost to prepare the equipment for producing hot dogs is $66. Annual holding costs are 45 cents per hot dog. The factory operates 300 days a year. Find the following: a. The optimal run size b. The number of runs per year c. How many days it takes to produce the optimal run quantity

The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5,000 per day. FSF supplies hot dogs to local restaurants at a steady rate of 250 per day. The cost to prepare the equipment for producing hot dogs is $66. Annual holding costs are 45 cents per hot dog. The factory operates 300 days a year. Find the following: a. The optimal run size b. The number of runs per year c. How many days it takes to produce the optimal run quantity

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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9. The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5.000 per day. FSF supplies hot dogs to local restaurants at a steady rate of 250 per day. The cost to prepare the equipment for producing hot dogs is $66. Annual holding costs are 45 cents per hot dog. The factory operates 300 days a year. Find the following: a. The optimal run size b. The number of runs per year c. How many days it takes to produce the optimal run quantity
Transcribed Image Text:9. The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5.000 per day. FSF supplies hot dogs to local restaurants at a steady rate of 250 per day. The cost to prepare the equipment for producing hot dogs is $66. Annual holding costs are 45 cents per hot dog. The factory operates 300 days a year. Find the following: a. The optimal run size b. The number of runs per year c. How many days it takes to produce the optimal run quantity
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