A toy manufacturer uses 48,800 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can produce at a rate of 700 per day. The toy trucks are assembled uniformly over the entire year. Carrying cost is $1.90 per wheel per year. Setup cost for a production run is $39. The firm operates 244 days per year. Determine the following: a. Optimal run size
b. the minimum total annual cost for carrying and setup

The simple interest in a loan of $200 at 10 percent interest per year is

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst