Business, 06.05.2020 03:31 lilyrockstarmag
Arthur Meiners is the production manager of Wheel-Rite, a small producer of metal parts. Wheel-Rite supplies Cal-Tex, a larger assembly company, with 11 comma 300 wheel bearings each year. This order has been stable for some time. Setup cost for Wheel-Rite is $39, and holding cost is $0.50 per wheel bearing per year. Wheel-Rite can produce 530 wheel bearings per day. Cal-Tex is a just-in-time manufacturer and requires that 49 bearings each business day.
a) What is the optimum production quantity?
b) What is the maximum number of wheel bearings that will be in inventory at Wheel-Rite?
c)How many production runs of wheel bearings will Wheel-Rite have in a year?
d)What is the toal setup plus holding cost for Wheel-Rite?
Answers: 3
![EPQ =\sqrt{ \frac{2D \times S}{H \times [1 - \frac{d}{p}]}}](/tpl/images/0645/7998/a7c7f.png)
![EPQ =\sqrt{ \frac{2\times 10,000 \times 40}{0.60 \times [1 - \frac{50}{500}]}}](/tpl/images/0645/7998/33582.png)
Another question on Business
Business, 22.06.2019 11:30
Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task
Answers: 1
Business, 22.06.2019 20:40
Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?
Answers: 1
Business, 23.06.2019 01:30
What is the minimum educational requirement for a pediatric psychopharmacologist? a. md b. phd c. bachelors in medicine d. masters in medicine e. psyd
Answers: 3
Business, 23.06.2019 02:10
Which of the following most accurately describes how the equilibrium price of a good or service can be determined? a. by moving the supply curve right or left until it matches the demand curve. b. by finding where the supply curve and the demand curve intersect. c. by doing market research to determine the maximum price consumers will pay. d. by taking the opposite of the columns in a supply schedule and a demand schedule.
Answers: 2
You know the right answer?
Arthur Meiners is the production manager of Wheel-Rite, a small producer of metal parts. Wheel-Rite...
Questions
Computers and Technology, 22.11.2019 20:31
Mathematics, 22.11.2019 20:31
Computers and Technology, 22.11.2019 20:31
Computers and Technology, 22.11.2019 20:31
Computers and Technology, 22.11.2019 20:31
