Manufacturing Engineering & Technology
7th Edition
ISBN: 9780133128741
Author: Serope Kalpakjian, Steven Schmid
Publisher: Prentice Hall
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Chapter 40, Problem 8RQ
Define what is meant by economic order quantity.
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1) A product is made- to- stock. annual demand is 60,000 units. each unit costs $4 and the annual
holding cost rate = 25%. setup cost to produce this product is $300. Determine
1-Economic order quantity
2-Total inventory costs for this situation
Calculate the economic order quantity for your operations, where;Cost of placing an order = Gh₡30Annual demand in units = 80,000Cost of a unit of inventory = Gh₡80F = Annual stock-holding cost as a fraction of unit cost = 25% (1⁄4)
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Chapter 40 Solutions
Manufacturing Engineering & Technology
Ch. 40 - Explain what is meant by manufacturing properties...Ch. 40 - Why is material substitution an important aspect...Ch. 40 - What factors are involved in the selection of...Ch. 40 - How is production quantity significant in...Ch. 40 - List and describe the major costs involved in...Ch. 40 - Why does material selection influence energy...Ch. 40 - Describe life-cycle assessment and life-cycle...Ch. 40 - Define what is meant by economic order quantity.Ch. 40 - Explain the difference between direct-labor cost...Ch. 40 - Describe your understanding of the following...
Ch. 40 - What is the difference between production...Ch. 40 - Is there a significant difference between...Ch. 40 - How would you define value? Explain.Ch. 40 - Define sustainable manufacturing.Ch. 40 - What is the meaning and significance of the term...Ch. 40 - Describe the major considerations involved in...Ch. 40 - What is meant by manufacturing process...Ch. 40 - Prob. 18QLPCh. 40 - Explain why the value of the scrap produced in...Ch. 40 - Prob. 20QLPCh. 40 - Prob. 21QLPCh. 40 - Explain why it takes different amounts of energy...Ch. 40 - Refer to Table 40.2 and explain why it is...Ch. 40 - Explain how the high cost of some of the...Ch. 40 - On the basis of the topics covered in this book,...Ch. 40 - What factors are involved in the shape of the...Ch. 40 - Describe the problems that may have to be faced...Ch. 40 - Prob. 28QLPCh. 40 - Prob. 29QLPCh. 40 - Prob. 30QLPCh. 40 - Prob. 31QLPCh. 40 - Review Table 40.2 and estimate the carbon...Ch. 40 - Explain why the larger the quantity per package...Ch. 40 - Prob. 34QLPCh. 40 - As you can see, Table 40.5 lists only metals and...Ch. 40 - Is it always desirable to purchase stock that is...Ch. 40 - Prob. 37SDPCh. 40 - Prob. 38SDPCh. 40 - Prob. 39SDPCh. 40 - Over the years, numerous consumer products (such...Ch. 40 - List and discuss the different manufacturing...Ch. 40 - Prob. 42SDPCh. 40 - Prob. 43SDPCh. 40 - Select three different products commonly found in...Ch. 40 - Prob. 45SDPCh. 40 - The cross-section of a jet engine is shown in Fig....Ch. 40 - Inspect some products around your home, and...Ch. 40 - Prob. 48SDPCh. 40 - Discuss the trade-offs involved in selecting...Ch. 40 - Discuss the factors that influence the choice...Ch. 40 - Prob. 52SDPCh. 40 - Figure P40.53 shows a sheet-metal part made of...Ch. 40 - The part shown in Fig. P40.54 is a carbon-steel...
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- With reference to the introductory first week's lecture for this module and the diagram titled 'Manufacturing Systems' answer true or false to the following: Customer feedback should help shape our manufacturing systems in that it allows us to understand their requirements of product function, price, delivery times and product performance. True Falsearrow_forwardCushion is an area throughout some workstations & tasks in manufacturing processes. Evaluate the statement below, agree or disagree? "Larger cushion is always better for manufacturing processes"arrow_forwardWhat are the key components of a regular maintenance schedule for a complex manufacturing system?arrow_forward
- Discribe how manufacturing Process are classified?arrow_forward(a) There are several reasons why a certain manufacturing process is selected. Explain how time-scale allowed for design and manufacture can influence selection of a manufacturing process. Give one example. (b) Explain how flexibility in production can become an important manufacturing process requirement. Give one example.arrow_forwardExample 5 Material Balance Analysis A cannery receives on a given day: 12 tons of raw produce, 5 tons of cans, 0.5 ton of cartons, and 0.3 ton of miscellaneous materials. Its output includes: 10 tons of processed product, the remaining becoming part of waste, four tons of the cans are stored for future use and the remainder are used to package the produce. About 3 percent of the cans used are damaged and recycled. The cartons are also used for packaging, except for 3 percent which become damaged and are incinerated with other paper wastes. of the miscellaneous materials, 75 percent become paper wastes that are incinerated, and the remainder are disposed of by the municipal collection agency. Draw a materials flow diagram for this activity. Solutionarrow_forward
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