A chemical firm produces sodium bisulphate in demand for, Ask an Expert

Management Studies

A chemical firm produces sodium bisulphate in Demand for this product is 25 tons per day. The capacity for producing the product is 75 tons per day. Setup costs $1000, and storage and handling costs are $10 per ton a year. The firm operates 250 days a year. How many tons per run are optimal? What would the average inventory be for this lot? Determine the approximate length of the production run, in days. About how many runs per year would there be?

EOQ=

Average inventory=

run length=

number of runs=

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91356728

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 demonstrate the impact of operations management on the

1. Demonstrate the impact of operations management on the competiveness and productivity of an organization. 2. Construct a production strategy based on customer demand. 3. Synthesize operations and customer satisfaction ...

1 why do you want to work in operations section at a

1. Why do you want to work in operations section at a transportation commission company? 2. To be considered for a position with the Operations Section: Give examples of where you have either researched, developed or per ...

Practice critical thinkinghow well do you understand this

Practice Critical Thinking How well do you understand this material? Reading the material is separate than understanding it; further, comprehending the material calls upon you to apply the theories and concepts through y ...

Show your work with excel and solverpizza king pk and noble

Show your work with Excel and Solver: Pizza King (PK) and Noble Greek (NG) are competitive pizza chains. PK believes there is a 30% chance that NG will charge $8 per pizza, a 50% that NG will charge $10 per pizza, and a ...

Bca has scheduled another meeting with the pi owners to

BCA has scheduled another meeting with the PI owners to further discuss the risks and liabilities of tort law. This meeting will focus on product liability. Pat and Gale asked you to participate in the PI meeting and to ...

1 what different types of data are used by marketing

1. What different types of data are used by marketing professional in a hospital setting to make decisions? How often does this data change? 2. HIPAA has had a major affect on health care organizations: doctors offices, ...

Huckaby motor services inc rebuilds small electrical items

Huckaby Motor Services, Inc. rebuilds small electrical items such as motors, alternators, and transformers, all using a certain type of copper wire. The firm's demand for this wire is approximately normal, averaging 20 s ...

Although upselling is important to the hotel it may cause

Although upselling is important to the hotel, it may cause guess discomfort if it is too aggressive. There is a fine distinction between professional upselling an intentional "hustling". Acting as the guest service agent ...

Assignmentbullwhat is strategy common Assignment • What is Strategy? Common

Assignment • What is Strategy? Common Misunderstandings • What is Strategy? • Your Strategy Needs a Strategy • Good Strategy's Non-Negotiables • Goldsmith, D. (2013, July/Aug). Rethinking the company's competitive advant ...

Management dimension of information systemsbull describe

Management Dimension of Information Systems • Describe the goals of the management of TEXACO COMPANY. What did they want to achieve by implementing the Information Systems? • Explain the hopes and dreams of the managemen ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert