Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

The Ambrosia Bakery makes cakes for freezing and subsequent sale. The bakery, which operates five days a week, 52 weeks a year, can produce cakes at the rate of 116 cakes per day. The bakery sets up the cake-production operation and produces until a predetermined number (Q) have been produced. When not producing cakes, the bakery uses its personnel and facilities for producing other bakery items. The setup cost for a production run of cakes is $700. The cost of holding frozen cakes in storage is $9 per cake per year. The annual demand for frozen cakes, which is constant over time, is 6000 cakes. Determine the following:

a. Optimal production run quantity (Q)

b. Total annual inventory costs

c. Optimal number of production runs per year

d. Optimal cycle time (time between run starts)

e. Run length in working days

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M9613818

Have any Question?


Related Questions in Operation Management

Assignment discussion-compliance and ethics in risk

Assignment : Discussion-Compliance and Ethics in Risk Management During the past couple of decades there have been high profile cases of corporate scandals resulting in not only criminal prosecutions of senior executives ...

Given that management needs to adjust to a dynamic and

Given that management needs to adjust to a dynamic and challenging global supply chain environment, using projects to develop process changes, demonstrate the project management tools, methods and organizational structur ...

1 being very specific clearly identify the bolded item or

1. Being very specific clearly identify the bolded item or concept from then next explain its relation to or effect on international business from a manager’s perspective working for the company or type of firm Core Comp ...

Ldquocompany policy states that personnel are not to

“Company policy states that personnel are not to conduct business using mobile communications while driving,” David Finch reminds you. He’s a partner at the law firm Wilkes Artis in Washington, D. C., where you work as h ...

Rs corp is designing a product layout for a new product

RS Corp. is designing a product layout for a new product. They plan to use this production line ten hours a day in order to meet forecasted demand of 900 units per day. The following table describes the tasks necessary t ...

1 list any two of the business conditions that make a

1. List any two of the business conditions that make a company's supply chain operations a good candidate for postponement. 2. How does outsourcing and supply chain IT solutions play a role in implementing a postponement ...

The company is procter amp gambleimplement a thorough

The Company is Procter & Gamble Implement a thorough Strategy Evaluation Framework. Input Stage -develop a SWOT Analysis Matching Stage - • Identify and discuss briefly the strategies that the Company can utilize based o ...

Imagine you are traveling in a commuter plane that crash

Imagine you are traveling in a commuter plane that crash lands on a deserted mountaintop. There are seven people on the plane—you and six others. Of the other six, one is a skilled mountain climber one is a cook one is a ...

1 in the new product development process the need to

1. In the new product development process the need to “weed out” potential failures as quickly as possible is due to the fact that: a) management will pressure marketers to succeed quickly.         b) production managers ...

Maker manufactures printing presses news a publisher of a

Maker manufactures printing presses. News, a publisher of a local newspaper, had decided to purchase new presses. Rep, a representative of Maker, met with Boss, the president of News, to describe the advantages of Maker' ...

  • 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