What is the optimal total cycle time including the production time in year? a. 0.127 Ob. 0.18 C .160 D .146 e. 0.137 None is correct

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Nestle Ltd. produces its premium plant food in 50 Kg bags. Demand is 100,000 Kgs. per week and the plant operates 52 weeks each year. Nestle can produce 250,000 Kgs. per week. The setup cost is OMR 200 and the annual holding cost rate is OMR 0.25 per bag. What is the optimal total cycle time including the production time in year? a. 0.127 Ob. 0.18 C .160 D .146 e. 0.137 None is correct
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