optimal length of the rotation cycle. Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

Question

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Answer 1

Question

Chapter 4.9, Problem 30P

a)

Summary Introduction

Interpretation: optimal length of the rotation cycle.

Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

b)

Summary Introduction

Interpretation: the optimal lot sizes of each product

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

c)

Summary Introduction

Interpretation: The percentage time of uptime and downtime for the process as given below:

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold

d)

Summary Introduction

Interpretation: a graph showing the change in the inventory level over a typical cycle for each product.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

e)

Summary Introduction

Interpretation: the solution might not be feasible for the firm, or it might be not desirable when it is feasible.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

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What is OEE and also calculate the OEE from the given data in below table. Item Data Shift Length 8 hours Breaks (2) 15 minute and (1) 30 minute Downtime 47 minutes Ideal Cycle Time 1.0 seconds Total Count 19,271 widgets Reject Count 423 widgets

A metal fabrication shop has a single punch press. There are currently three partsthat the shop has agreed to produce that require the press, and it appears that theywill be supplying these parts well into the future. You may assume that the press isthe critical resource for these parts, so that we need not worry about the interactionof the press with the other machines in the shop. The relevant information here is: Part Number Demand/year Set up Cost ($) Cost per Unit ($) Production rate/year 1 2,500 80 16 45,000 2 5,500 120 18 40,000 3 1,450 60 22 26,000 Holding costs are based on an 18 percent annual interest rate, and the products are to be produced in sequence on a rotation cycle. Setup times can be considered negligible. What is the optimal lot size of part 2?

Tuff-Rider, Inc., manufactures touring bikes and mountainbikes in a variety of frame sizes, colors, and component com-binations. Identical bicycles are produced in lots of 100. Theprojected demand, lot size, and time standards are shown inthe following table: Item Touring MountainDemand forecast 5,000 units/year 10,000 units/yearLot size 100 units 100 unitsStandard processing time .25 hour/unit .50 hour/unitStandard setup time 2 hours/lot 3 hours/lot The shop currently works 8 hours a day, 5 days a week,50 weeks a year. It operates five workstations, each producingone bicycle in the time shown in the table. The shop main-tains a 15 percent capacity cushion. How many workstationswill be required next year to meet expected demand withoutusing overtime and without decreasing the firm’s currentcapacity cushion?

Answer 2

Question

Chapter 4.9, Problem 30P

a)

Summary Introduction

Interpretation: optimal length of the rotation cycle.

Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

b)

Summary Introduction

Interpretation: the optimal lot sizes of each product

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

c)

Summary Introduction

Interpretation: The percentage time of uptime and downtime for the process as given below:

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold

d)

Summary Introduction

Interpretation: a graph showing the change in the inventory level over a typical cycle for each product.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

e)

Summary Introduction

Interpretation: the solution might not be feasible for the firm, or it might be not desirable when it is feasible.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 4.9, Problem 30P

a)

Summary Introduction

Interpretation: optimal length of the rotation cycle.

Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

b)

Summary Introduction

Interpretation: the optimal lot sizes of each product

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

c)

Summary Introduction

Interpretation: The percentage time of uptime and downtime for the process as given below:

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold

d)

Summary Introduction

Interpretation: a graph showing the change in the inventory level over a typical cycle for each product.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

e)

Summary Introduction

Interpretation: the solution might not be feasible for the firm, or it might be not desirable when it is feasible.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

Expert Solution & Answer

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Answer 4

Question

Chapter 4.9, Problem 30P

a)

Summary Introduction

Interpretation: optimal length of the rotation cycle.

Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

b)

Summary Introduction

Interpretation: the optimal lot sizes of each product

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

c)

Summary Introduction

Interpretation: The percentage time of uptime and downtime for the process as given below:

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold

d)

Summary Introduction

Interpretation: a graph showing the change in the inventory level over a typical cycle for each product.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

e)

Summary Introduction

Interpretation: the solution might not be feasible for the firm, or it might be not desirable when it is feasible.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

Expert Solution & Answer

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See solution

Answer 5

Chapter 4.9, Problem 30P

a)

Summary Introduction

Interpretation: optimal length of the rotation cycle.

Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

b)

Summary Introduction

Interpretation: the optimal lot sizes of each product

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

c)

Summary Introduction

Interpretation: The percentage time of uptime and downtime for the process as given below:

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold

d)

Summary Introduction

Interpretation: a graph showing the change in the inventory level over a typical cycle for each product.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

e)

Summary Introduction

Interpretation: the solution might not be feasible for the firm, or it might be not desirable when it is feasible.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

Answer 6

Chapter 4.9, Problem 30P

a)

Summary Introduction

Interpretation: optimal length of the rotation cycle.

Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

Answer 7

Chapter 4.9, Problem 30P

a)

Summary Introduction

Interpretation: optimal length of the rotation cycle.

Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

Answer 8

b)

Summary Introduction

Interpretation: the optimal lot sizes of each product

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

Answer 9

b)

Summary Introduction

Interpretation: the optimal lot sizes of each product

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

Answer 10

c)

Summary Introduction

Interpretation: The percentage time of uptime and downtime for the process as given below:

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold

Answer 11

c)

Summary Introduction

Interpretation: The percentage time of uptime and downtime for the process as given below:

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold

Answer 12

d)

Summary Introduction

Interpretation: a graph showing the change in the inventory level over a typical cycle for each product.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

Answer 13

d)

Summary Introduction

Interpretation: a graph showing the change in the inventory level over a typical cycle for each product.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

Answer 14

e)

Summary Introduction

Interpretation: the solution might not be feasible for the firm, or it might be not desirable when it is feasible.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

Answer 15

e)

Summary Introduction

Interpretation: the solution might not be feasible for the firm, or it might be not desirable when it is feasible.

Concept introduction:the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

Answer 16

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Answer 17

Expert Solution & Answer

Answer 18

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Answer 19

Ch. 4.4 - Prob. 1P Ch. 4.4 - Prob. 2P Ch. 4.4 - Prob. 3P Ch. 4.4 - Prob. 4P Ch. 4.4 - Prob. 5P Ch. 4.4 - Prob. 6P Ch. 4.4 - Prob. 7P Ch. 4.4 - Prob. 8P Ch. 4.4 - Prob. 9P Ch. 4.5 - Prob. 10P

optimal length of the rotation cycle. Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

Solution Summary: The author explains that the production cycle is a persistent set of business activities connected with data processing operations related with the manufacture of products.

Concept explainers

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Interpretation: optimal length of the rotation cycle.

Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

Interpretation: the optimal lot sizes of each product

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

Want to see the full answer?

Chapter 4 Solutions

optimal length of the rotation cycle. Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

Solution Summary: The author explains that the production cycle is a persistent set of business activities connected with data processing operations related with the manufacture of products.

Concept explainers

Videos

Interpretation: optimal length of the rotation cycle. Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

Interpretation: the optimal lot sizes of each product Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.

Want to see the full answer?

Chapter 4 Solutions

Interpretation: optimal length of the rotation cycle.

Concept introduction: the production cycle is a persistent set of business activities whichconnected data processing operations related with the manufacture of products.holding cost associated with keeping inventory that persists unsold.

Interpretation: the optimal lot sizes of each product

Concept introduction: the production cycle is a persistent set of business activities which connected data processing operations related with the manufacture of products. holding cost associated with keeping inventory that persists unsold.