Arthur meiners is the production manager of wheel-rite a, Ask an Expert

Management Studies

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 11,000 wheel barings each year. This order has been stable for some time. Setup cost for Wheel-Rite is $42, and holdig cost is $0.40 per wheel bearing per year. Wheel-Rite can produce 510 wheel bearings per day. Cal-Tex is a just-in-time manufacturer and requires that 49 bearings be shipped to it each business day.

a) What is the optimum production quantity? _______units (round your response to the nearest whole number)

b) What is the maximum number of wheel bearings that will be in inventory at Wheel-Rite?_______ units (round your response to the nearest whole number)

c) How many production runs of wheel bearings will Wheel-Rite have in a year?_______runs (round your response to two decimal places)

d) What is the total setup plus holding cost for Wheel-Rite? $________ (round your response to two decimal places)

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91639167

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 you have been hired to promote the work of a local

1. You have been hired to promote the work of a local organization that provides services to troubled teenagers. Before beginning your job, you have been told that the organization cannot engage in advertising due to the ...

Business process managementin this writing assignment you

Business Process Management In this writing assignment, you will explore how organizations use business process management (BPM). Write a one page (250-word) paper explaining how organizations use business process manage ...

Describe five characteristics of effective followers and

Describe five characteristics of effective followers and provide a specific example for each characteristic. Develop a response that includes examples and evidence to support your ideas, and which clearly communicates th ...

1 why are the standards the property of the franchisor and

1. Why are the "Standards" the property of the Franchisor and not the Franchisee? 2. How can related diversification create a competitive advantage for the organization? 3. Describe how "globalization" connects with some ...

1 can you share 3 theoretical concepts or theories you

1. Can you share 3 theoretical concepts or theories you applied to capsim (Business Simulations and Assessments Applications) during the simulation? How? 2. How are digital communication devices (cell phones, e-mail, and ...

Southwest airline as flying becomes a commodity and as

Southwest airline: As flying becomes a commodity and as airlines strive to offer the lowest fares possible, Southwest is finding it increasingly hard to distinguish itself from its competition. A proposal has been made t ...

Overview for this discussion students will investigate the

Overview: For this discussion, students will investigate the issues and implications of ethical use of online data. Preparation: Read the 'As Data Overflows Online, Researchers Grapple with Ethics' article from the Annua ...

Global organization structuresgive your reaction to the

Global Organization Structures: Give your reaction to the following questions using any additional sources with a minimum of 500 words: · How can HR ensure the success of firms with a global organizational structure and ...

Your internet was down last night and you werent able to

Your internet was down last night and you weren't able to turn in your last assignment. Your professor is away from her office, so you know the quickest way to reach her is via text message. Compose and send a text to yo ...

On october 13 2011 the debtor carl davis purchased and took

On October, 13, 2011, the debtor, Carl Davis, purchased and took possession of a 2010 BMW 328i. The debtor granted a security interest in the car to the dealer in the purchase contract, which the dealer then assigned to ...

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