Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 4.9, Problem 29P
a)
Summary Introduction
Interpretation: the optimal time between setups for part number 1.
Concept introduction: Holding cost is also known as carrying cost. holding cost are the added costs contained in storing and sustaining inventory over the course of action in a year. Set up time is a period which is essential to prepare a process or system, device for it to be ready to function.it is a subcategory of cycle time.
b)
Summary Introduction
Interpretation: optimal rotation cycle policy
Concept introduction: Holding cost is also known as carrying cost. holding cost are the added costs contained in storing and sustaining inventory over the course of action in a year. Set up time is a period which is essential to prepare a process or system, device for it to be ready to function.it is a subcategory of cycle time.
c)
Summary Introduction
Interpretation: the optimal lot sizes of each part.
Concept introduction: Holding cost is also known as carrying cost. holding cost are the added costs contained in storing and sustaining inventory over the course of action in a year. Set up time is a period which is essential to prepare a process or system, device for it to be ready to function.it is a subcategory of cycle time.
d)
Summary Introduction
Interpretation: the total annual cost of holding and setup
Concept introduction: Holding cost is also known as carrying cost. holding cost are the added costs contained in storing and sustaining inventory over the course of action in a year. Set up time is a period which is essential to prepare a process or system, device for it to be ready to function.it is a subcategory of cycle time.
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39) please help me with this
Item X Is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 2.700 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $5 per unit of average inventory. Every time an order is placed for more of item X, it costs $20
c. What is the annual cost for storing item X? Note: Round your order quantity to the nearest whole number and your final answer to 2 decimal places.
Suppose the following item is being managed using a fixed-order quantity model with safety stock.
Annual Demand = 100,000 units
Order quantity = 30,000 units
Safety stock = 4000 units
What are the average inventory level and inventory turnover for this item?
Please solve very soon completely all parts
Chapter 4 Solutions
Production and Operations Analysis, Seventh Edition
Ch. 4.4 - Prob. 1PCh. 4.4 - Prob. 2PCh. 4.4 - Prob. 3PCh. 4.4 - Prob. 4PCh. 4.4 - Prob. 5PCh. 4.4 - Prob. 6PCh. 4.4 - Prob. 7PCh. 4.4 - Prob. 8PCh. 4.4 - Prob. 9PCh. 4.5 - Prob. 10P
Ch. 4.5 - Prob. 11PCh. 4.5 - Prob. 12PCh. 4.5 - Prob. 13PCh. 4.5 - Prob. 14PCh. 4.5 - Prob. 15PCh. 4.5 - Prob. 16PCh. 4.6 - Prob. 17PCh. 4.6 - Prob. 18PCh. 4.6 - Prob. 19PCh. 4.6 - Prob. 20PCh. 4.7 - Prob. 21PCh. 4.7 - Prob. 22PCh. 4.7 - Prob. 23PCh. 4.7 - Prob. 24PCh. 4.7 - Prob. 25PCh. 4.8 - Prob. 26PCh. 4.8 - Prob. 27PCh. 4.8 - Prob. 28PCh. 4.9 - Prob. 29PCh. 4.9 - Prob. 30PCh. 4 - Prob. 31APCh. 4 - Prob. 32APCh. 4 - Prob. 33APCh. 4 - Prob. 34APCh. 4 - Prob. 35APCh. 4 - Prob. 36APCh. 4 - Prob. 37APCh. 4 - Prob. 38APCh. 4 - Prob. 39APCh. 4 - Prob. 40APCh. 4 - Prob. 41APCh. 4 - Prob. 42APCh. 4 - Prob. 43APCh. 4 - Prob. 44APCh. 4 - Prob. 45AP
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