Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

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 10,200 wheel bearings each year. This order has been stable for some time. Setup cost for Wheel-Rite is $41, and holding cost is $0.40 per wheel bearing per year. Wheel-Rite can produce 450 wheel bearings per day. Cal-Tex is a just-in-time manufacturer and requires that 50 bearings be shipped to it each business day.

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

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93121339

Have any Question?


Related Questions in Operation Management

1 what are firm strategy options in the drone industry and

1. What are firm strategy options in the drone industry and how are these firm strategies likely to affect the emergence of the drone industry? 2. Suppose that uou manage an airline reservation system and want to improve ...

Debate the advantages and drawbacks of using debt financing

Debate the advantages and drawbacks of using debt financing compared to equity financing to meet the financial needs of a start-up. Choose at least two examples of each type to compare and contrast.

Put yourself in the shoes of a purchasing agent for a

Put yourself in the shoes of a purchasing agent for a medium sized corporation. (In other words, take off your government hats for a moment.) Answer one of the questions below and comment on one other student’s posting. ...

A report on state of information technology as of now

A Report on State of Information Technology As of now, technology is playing a major role in the field of health care. From the computerisation of medical records to the complex operations, technology has its hand in eve ...

Arriving and delivering a load of company executives for a

Arriving and delivering a load of company executives for a business meeting at a destination far from home base requiring an overnight stay, a company’s pilot requested approval from the company finance office to pay to ...

Hau lee furniture inc spemds 45 of its sales dollars in the

Hau Lee Furniture Inc spemds 45% of its sales dollars in the supply chain and finds its current profit of $49,000 inadequate. The bank is insisting on an improved profit picture prior of a loan for some new equipment. ha ...

1 find an example of a firm you believe is neglecting their

1. Find an example of a firm you believe is neglecting their social responsibility in some manner. Discuss the firm and the way (ways)it,s neglecting its social responsibility. Make sure you discuss which stakeholders ar ...

1 identify the attributes of demand for business products2

1. Identify the attributes of demand for business products? 2. Does Vera Bradley have a well-defined strategy? How can the strategy be best characterized? 3. Discuss recent developments on Brexit, NAFTA, and TPP. Be sure ...

The topic integrating agile social media policy and

The Topic: Integrating Agile Social Media Policy and Procedures to Effectively Manage and Use Corporate Social Media Accounts The final assignment is a Business Proposal. The purpose of the Business Proposal is for you t ...

A define what a company using a international

a) Define what a company using a international organizational model means? b) Then conduct research online to identify a company that you believe operates using the international organizational model to compete. Identify ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As