Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Project Management Expert

Water Wheelies manufactures the high-pressure sprinkler heads. These are produced at regular intervals at the rate of 20,000 per month. Demand is stable at 15,000 for each month. Each production run has a set-up cost of $120. Variable direct production costs are the $6.00 for labour, $2.00 for parts, and $4.00 for the raw materials. Water Wheelies employs an annual inventory holding cost of 20% of unit cost for carrying the unit for one year.

a. Find out the optimal production quantity during each production run.

b. Find out the annual holding cost, total cost and set-up cost.

c. Find out the maximum inventory.

d. Find out the cycle time between two production runs in days. Suppose 250 days per year. In each cycle find out the number of days the production facility is busy (uptime) and number of days the production facility is idle (downtime).

e. Water Wheelies can increase its production rate by using the new technology, but the set-up cost per production run will as well double. Find out the economic production quantity and annual holding and set-up costs.

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M914368

Have any Question? 


Related Questions in Project Management

Discussionas we have seen this week project scope creation

DISCUSSION As we have seen this week, project scope creation is very different in traditional project management versus Agile project management. What advantages and disadvantages can you see with the process of scope cr ...

Transformation at the irs case study in a paper of

Transformation at the IRS" case study. In a paper of 1,250-1,500 words, with your instructor-assigned group, address the following: Who are the stakeholders in this case, and which ones are most important. Why? What prom ...

Impact of regulatory requirements on sustainability

Impact of Regulatory Requirements on Sustainability Initiatives Though sustainability initiatives are often driven by regulatory requirements, an increasing number of companies notice that they frequently result in decre ...

Questionyou are an employee of grand wines ltd and project

Question: You are an employee of Grand Wines Ltd and project leader of a proposed project to equip each of the company's 20 sales representatives with a wireless data entry device by which they could instantly communicat ...

Das brick distributors currently employs 1 worker whose job

DAS Brick Distributors currently employs 1 worker whose job is to load bricks on outgoing company trucks. On average, a truck arrives at the loading platform every 20 minutes, according to a Poisson distribution. The wor ...

Describe the bomb calorimeter used for the determination of

Describe the bomb calorimeter used for the determination of calorific valve with the help of neat diagram.

1 input for marketing information systems can come from

1. Input for marketing information systems can come from internal or external sources. Indicate two firms or companies in your city or town that might benefit from internal sources and two that would benefit from externa ...

1 list and describe the three communities of interest that

1. List and describe the three communities of interest that engage in an organization's efforts to solve InfoSec problems. Give two or three examples of who might be in each community. 2. What is information security? Wh ...

Project management assignment1 the following table shows

Project Management Assignment 1) The following table shows the allocation of work assignments and resources needed for an investment firm to make a decision on investing in company XYZ.   Task A Task B Task C Prtfolio Ma ...

An elastoplastic bar is clamped at the left end and

An elastoplastic bar is clamped at the left end, and variable loads are applied at the right end, as shown in the table. Plot the stress-strain curve by changing the applied forces by 5 kN increments. Assume the followin ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro