A toy manufacturer uses 64,400 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can produce at a rate of 600 per day. The toy trucks are assembled uniformly over the entire year. Carrying cost is $8 per wheel a year. Setup cost for a production run of wheels is $60. The firm operates 280 days per year. Determine the: Optimal run size
Minimum total annual cost for carrying and setup
Cycle time for the optimal run size
Run time

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?