Race one motors is an indonesian car manufacturer at its, Ask an Expert

Management Studies

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponents at a rate of 12,500 per year (of 250 working days). Holding costs are $2 per item per year, and ordering (setup) costs are $30 per order.

a) What is the economic production quantity?

b) How many production runs per year will be made?

c) What will be the maximum inventory level?

d) What percentage of time will the facility be producing components?

e) What is the annual cost of ordering and holding inventory?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92011204

Have any Question?Write your Review or question?

Related Questions in Operation Management

Required text book c langley c john langley robert a

REQUIRED TEXT BOOK : C. Langley; C. John Langley; Robert A. Novack; Brian Gibson; John J. Coyle (2016) Supply Chain Management (12th Edition). Publisher: Cengage South-Western Chapter 8 Order Management and Customer Serv ...

1 which do you consider more important to a business the

1. Which do you consider more important to a business, the transaction channel or distribution channel? Why? 2. What types of customers does Burris Logistics have? 3. Whether current employment laws are sufficient to pro ...

Srvices pricing and distribution chapters 14-18

Services, Pricing and Distribution (Chapters 14-18) (TurboTax) Q1. Discuss possible sources of new product ideas. (Ch. 15) (TurboTax) Q2. Discuss the firm's new product screening process. (Ch. 15) (TurboTax) Q3. Discuss ...

1 find an example of a company that launched a new consumer

1. Find an example of a company that launched a new consumer product within the past 5 years. And explain how the company implemented the 4 P'S (product, promotion, price, place) in launching the product and report on th ...

In the abc retail store customers arrive at an average 50

In the ABC retail store customers arrive at an average 50 per shift. The store manager wants to calculate whether he should hire 1, 2, 3 or 4 salespeople.He has deter- mined that average waiting times will be 6 minutes w ...

Please solve the following problems related to inventory

Please solve the following problems related to Inventory Management 1. A produce distributor uses 2500 packing crates per year. The manager has assigned an annual carrying cost of $5 per crate. Ordering cost is $20. (a) ...

1 give an example of the following types of decisions that

1) Give an example of the following types of decisions that you have had to make (personal or work-related): Low consequence work-oriented High consequence work-oriented 2) Give an example (personal or work-related) for ...

Methods of carrying on businesswhat are the 3 main types of

Methods of Carrying on Business What are the 3 main types of business organizations? Give the definition of partnership under the partnership act. What is the purpose and effect of the partnership act? Can a partnership ...

Shenzhen limited manufactures electric hair dryers julie

Shenzhen Limited manufactures electric hair dryers. Julie purchases a Shenzhen Limited dryer from her local Sally’s Beauty Supply. Frances, a friend and guest in Julie’s home, has taken a shower and wants to dry her hair ...

One criticism of both the product cost percentage and

One criticism of both the product cost percentage and contribution margin methods used for determining menu prices is that both are based primarily on the cost of food (or beverage) and ignore the cost of labour. In many ...

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