Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Management Studies


Home >> Operation Management

Problem:

Radovilsky Manufacturing Company, in Hayward. California. makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders fo about 11,500 flashing lights per year and has the capability of producing 105 per day. Setting up the light production costs $48. The cost of each light is $1 The holding cost is $0.15 per light per year.

Required:

Question 1) What is the optimal size of the production run?

Question 2) What is the average holding cost per year?

Question 3) What is the average setup cot per year?

Question 4) What is the total cost per year, including the cost of the lights?

Solve the problem and show all work.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91168886

Have any Question?


Related Questions in Operation Management

A position statement which is a simple sentence identifying

A position statement which is a simple sentence identifying the central issue/s you perceive to be the focus of the case. NOTE: Each student may perceive there to be a different issue for each case. It depends on your po ...

Think about the practical skills you can acquire from a

Think about the practical skills you can acquire from a research and design class. How do you think the skills acquired in this class will help you in other areas of your life? Why is it important for members of our soci ...

You can decrease the frequency of any behavior through

You can decrease the frequency of any behavior through punishment, but why not give some thought to reciprocal inhibition? Reciprocal inhibition is the process of defining the opposite of the undesirable behavior and rei ...

Hazardous waste trucking company carried on business as a

Hazardous Waste Trucking Company carried on business as a transporter of industrial-waste products to licensed waste-disposal sites. Liquid Waste Disposal Company carried on a similar type of business, but handled only l ...

Company starbuck1 provide details on plans to achieve the

Company StarBuck 1. Provide details on plans to achieve the objective highlighting the possible risks and contingency plans. 2. Provide details on which systems can be implemented to achieve the objectives on time and to ...

What are the 5 major criteria used by bankers in granting

What are the 5 major criteria used by bankers in granting business loans (known as 5 C’s)? Now, tell me why each “C” important? As a banker would you trade-off a “low-low score” in one of the C’s for a “high-high score” ...

Assignmentyou will choose a company from the sampp 500 you

Assignment you will choose a company from the S&P 500. You will meaningfully analyze their external and internal environment. By external and internal environment you will follow the book description of those environment ...

Isobel was a professional accountant with a good credit

Isobel was a professional accountant with a good credit rating, and for many years carried a credit card with a credit limit of $5,000. She never used the card, but when her daughter entered her final undergraduate year ...

Students are going through a three-step process to obtain

Students are going through a three-step process to obtain their ID cards. Each student will spend 2 minutes at registration desk before going to one of three cashiers to pay a fee for the ID card. After that, he/she will ...

1 what are weak points in a sample labor contract2 what are

1. What are weak points in a sample labor contract? 2. What are managements reponsibilities abide by current labor laws? 3. What are labor responsibilities to abide by current labor laws? 4. What is systematic approach t ...

  • 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

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved