OPERATIONS MANAGEMENT: SUSTAIN ACCESS C
13th Edition
ISBN: 9780135662076
Author: HEIZER
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Textbook Question
Chapter 16, Problem 3P
Question
••• 16.10 Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a reduced lot size. The firm uses a work year of 305 days.
| Annual demand for steering wheels | 30,500 |
| Daily demand | 100 |
| Daily production (8 hours) | 800 |
| Desired lot size (2 hours of production) | 200 |
| Holding cost per unit per year | $10 |
- a. What is the setup cost, based on the desired lot size?
- b. What is the setup time, based on $40 per hour setup labor?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Question NO. 4
Convinced by the efficiency of hybrid model, Sony, started to produce LED filaments of its Soy TV's
itself while outsourcing all its other components. Initially, Sony can only produce these LED filaments at a
very steady rate of eight hundred per day. Three hundred TVs are assembled daily in eight hours shift, 250
days a year. Due to difference in TVs demands and its production, LED filaments are only produced in
batches of 2,000 units. Your are required to estimate;
Annual production of LED filament batches in numbers
b. Starting with zero inventory, if usage and production remains the same what would be the inventory
levels after 76 hrs.
Calculate average inventory levels when each production cycle starts with zero inventory.
d. The same equipment that is used to make the LED filaments could also be used to make another
filament used in the firm's other products. That job would require four days, including setup time.
Setup time for making a batch of the LED filament…
Question 25
The bullwhip effect can cause the variability in ________ to be substantially greater than variability in ________.
Group of answer choices
demand within the supply chain, supplier demand
supplier demand, demand within the supply chain
consumer demand, demand within the supply chain
demand within the supply chain, consumer demand
supplier demand, demand within the supply chain
QUESTION #4
James Marshall, owner and operator of the Hearing Bells Megastore, is reviewing the costs
associated with the store's best-selling hearing aid, the HB100. The data available to Mr.
Marshall concerning this device follow.
30 units/week
Demand
Order cost = $5/order
Holding cost = $2.50/unit/year
%3D
The Hearing Bells Megastore operates 52 weeks a year.
a. What is the EOQ?
b. Given the data from above, and assuming a 300-day work year; how many orders should be
processed per year? What is the expected time between orders?
c. What is the total cost for the inventory?
Chapter 16 Solutions
OPERATIONS MANAGEMENT: SUSTAIN ACCESS C
Ch. 16 - Question 1. What is JIT?Ch. 16 - Prob. 1DQCh. 16 - Question 3. What is TPS?Ch. 16 - Question 4. What is level scheduling?Ch. 16 - Question 5. JIT attempts to remove delays, which...Ch. 16 - Prob. 6DQCh. 16 - Prob. 8DQCh. 16 - Question 9. Discuss how the Japanese word for card...Ch. 16 - Question 10. Standardized, reusable containers...Ch. 16 - Prob. 11DQ
Ch. 16 - Prob. 12DQCh. 16 - Prob. 7DQCh. 16 - Question 16.1 Leblanc Electronics, Inc., in...Ch. 16 - Question 16.2 Tej Dhakars company wants to...Ch. 16 - Question 16.3 Pauline Found Manufacturing, Inc.,...Ch. 16 - Prob. 7PCh. 16 - Question 16.5 Discount-Mart, a major East Coast...Ch. 16 - Question 16.6 Discount-Mart (see Problem 16.5),...Ch. 16 - Prob. 10PCh. 16 - Question 16.8 Carol Cagle has a repetitive...Ch. 16 - Question 16.9 Given the following information...Ch. 16 - Question 16.10 Rick Wing has a repetitive...Ch. 16 - Prob. 11PCh. 16 - Prob. 12PCh. 16 - Question JIT at Arnold Palmer Hospital Video Case...Ch. 16 - Question JIT at Arnold Palmer Hospital Video Case...Ch. 16 - Question JIT at Arnold Palmer Hospital Video Case...Ch. 16 - Question JIT at Arnold Palmer Hospital Video Case...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Question 23 Company A carries 5,000 items. Customers ordered 1,000 items from inventory last week. Company A was able to fulfill 600 items of the order. What is the stock out probability for last week? Group of answer choices 0.08 0.4 0.6 0.92arrow_forward2arrow_forwardQuestion 2 Question 2Explain the strategies that companies could adopt to continue practising leaninventory management for its global supplies in the post Covid-19 era. answer guidelines Strategies that companies could use practise lean inventory management such as - smaller quantities delivered, more frequent deliveries, nearer suppliers, dual sourcing, any relevant answer. please provide detailed answer.minimum 700 wordsarrow_forward
- Question2: A company that sells fruit juices sells 1250 cases of fruit juice from cases priced at $50 per case in a month. The business is in city x and juices are ordered from city y. Each order costs the business $250. Storage costs are 20% of a case of fruit juice. According to this;a) the economic order quantity of the enterprise?b) How many days is the time between two orders?c) What is the total inventory cost of the business, including the acquisition costs, in dollars/month?arrow_forwardQ: Write a letter to a Production Manager for the demand of 50 Haier Company name air conditionersarrow_forwardQUESTION 22 When Nike's customers trigger events in its supply chain by ordering a customized product, then the supply chain management is considered: O pull-based model push-based model Best-guesses model Build-to-stockarrow_forward
- QUESTION 27 Determine the value of X in the below table. Item: A Safety Stock = 20 Description: Eiger Waterbottle Lot-Size: FOQ = 140 Lead Time = 1 week Period 37 38 39 40 41 42 43 44 Gross Requirements 125 125 125 140 140 150 150 150 Scheduled Receipts 140 140 0 0 On Hand 100 X Net Requirements Planned Order Receipts Planned Order Releasesarrow_forwardQuestion 3 Yellow Press, Inc., buys paper in 1,500-pound rolls for printing. Annual demand is 2,750 rolls. The cost per roll is $875, and the annual holding cost is 28 percent of the cost. Each order costs $75. How many rolls should Yellow Press order at a time? _______________rolls at a time. (Enter your response rounded to the nearest whole number.) What is the time between orders? (Assume 200 workdays per year.) __________________days. (Enter your response rounded to one decimal place.)arrow_forwardQ5. What are carrying and storage costs? Explain with examples of each.arrow_forward
- _____ refers to the inability of services to be stored, warehoused, or inventoried. Question 20 options: a) Perishability b) Reliability c) Heterogeneity d) Variabilityarrow_forwardQno 3. Explain steps required in mail merger and benefits of mail merger and usage in the industry? Define uses of Macro function?arrow_forwardQUESTION 9 A popuar and effective tool for demand management and planning is calledarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,
Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.
Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY