Metters cabinets inc needs to choose a production method, Ask an Expert

Management Studies

Metters Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxistand. To help accomplish this, the firm has gathered the following production cost data:

Process Type	Annualized Fixed cost of Plant & Equip.	Variable costs (Per Unit) (s)
Process Type	Annualized Fixed cost of Plant & Equip.	Labor	Material	Energy
Mass Customization	$1,260,000	30	18	12
Intermittent	$1,000,000	24	26	20
Repetitive	$1,625,000	28	15	12
Continuous	$1,960,000	25	15	10

Metters Cabinets projects an annual demand of 24,000 units for the Maxi stand. The Maxi stand will sell for $120 per unit.

a) Which process type will maximize the annual profit from producing the Maxi stand?

b) What is the value of this annual profit?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92167579
Price:- $25

Guranteed 24 Hours Delivery, In Price:- $25

Have any Question?Write your Review or question?

Related Questions in Operation Management

For this assignment you will need to find 2 articles in

For this assignment, you will need to find 2 articles in business that can help describe what are IT strategic initiative being undertaken by an organization are like. Choose a different organization for each of the arti ...

The red hen company is launching its new food for sale in

The Red Hen company is launching its new food for sale in supermarkets throughout Michigan. The sales department is convinced that its spicy chicken soup will be a great success. The marketing department is considering a ...

The us presently faces the most age-diverse workplace it

The US presently faces the most age-diverse workplace it has ever seen. Adding to this, Gen Y (Millennials) are a global cohort. Through technology, some general attitudes of this generation now pervade cultures around t ...

1 assume that a friend has an important job interview next

1. Assume that a friend has an important job interview next week and has come to you for advice. List and explain five tips you would give your friend to prepare for the job interview. 2. A advertises for bids. The terms ...

What are other businesses or areas that have been impacted

What are other businesses or areas that have been impacted by changing communication technology? MIS uses three primary resources. Which of those resources are the most important and why? Can this vary depending on the n ...

Crestview sells a particularly popular christmas card once

Crestview sells a particularly popular Christmas card once a year and distributes the cards to gift shops. It costs Crestview $0.5 per card to order from a printing company, and Crestview receives $1.0 for each card sold ...

Best buy part a at a best buy store the forecast for the

Best Buy Part A) At a Best Buy store, the forecast for the annual demand of a Motorola cell phone is 15600. Demand forecasts are updated weekly and the unit time is one week. Motorola takes 2 weeks to supply an order and ...

This is about southwest airlines and the swot analysis1 i

This is about Southwest Airlines and the SWOT analysis. 1) I turned Southwests weakness which was " negative comments which were posted on social media regarding the overbooking of flights" in to a strength by saying tha ...

1 preston corporation sold all of its assets to adam

1. Preston Corporation sold all of its assets to Adam Corporation in exchange for Adam stock. Preston then distributed the stock to its shareholders, without paying a debt of $150,000 owed to a major supplier, Corey. Cor ...

1 identfy the personal characteristic an entrepreneurs

1. Identfy the personal characteristic an entrepreneurs should possess to be successful? 2. Analyze the efficacy of Nike's 'Considered' footwear index scoring system. 3. Study Nike's environmental goals and analyze the r ...

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