A local cement manufacturing factory produces cement bags, and each bag is 100 kg in weight. The dailydemand 20,000 kgs per day. The company produces daily at a rate of 200 percent more than the dailydemand. Assuming there are 250 workdays, the setup cost is 200 OMR and the annual holding cost is 1OMR per kg. What is the optimal total cost of setup and inventory holding? Round-up to the nearestintegerO a. 44730O b. 63246O c.None is correctO d. 63623O e.63722 A local cement manufacturing factory produces cement bags, and each bag is 100 kg in weight. The dailydemand 20,000 kgs per day. The company produces daily at a rate of 50 percent more than the dailydemand. Assuming there are 250 workdays, the setup cost is 1000 OMR and the annual holding cost is 1OMR per kg. What will the optimal duration of the downtime in days? Round-up to the nearest integerO a.O b. 34O d. 5O e.None is correct

Note - Only the first has question has been answered as per bartleby guidelines. In the given…

Answered: A local cement manufacturing factory…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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A local cement manufacturing factory produces cement bags, and each bag is 100 kg in weight. The daily demand 20,000 kgs per day. The company produces daily at a rate of 25 percent more than the daily demand. Assuming there are 250 workdays, the setup cost is 1000 OMR, and the annual holding cost is 1 OMR per kg. What will the optimal maximum inventory level on-hand end of each production run? Round- up to the nearest integer O a. None is correct O b. 44722 О с. 44728 O d. 57735 O e. 45722
Nestle Ltd. produces its premium plant food in 50 Kg bags. Demand is 100,000 Kgs. per week and the plant operates 52 weeks each year. Nestle can produce 250,000 Kgs. per week. The setup cost is OMR 200 and the annual holding cost rate is OMR 0.550 per bag. What will the optimal duration of thedowntime in years? a. 0.721 O b. 0.502 Oc. 0.0 O d. 0.065 e. 0.069 f. None is correct CLEAR MY CHOICE PREVIOUS PAGE NEXT PAGE
Nestle Ltd. produces its premium plant food in 30 Kg bags. Demand is 100,000 Kgs. per week and the plant operates 52 weeks each year. Nestle can produce 250,000O Kgs. per week. The setup cost is OMR 200 and the annual holding cost rate is OMR 0.550 per bag. What should be the optimal production quantity? Round-up to the nearest integer
Al Fursan Inc. needs 300 kgs of a material per month (four weeks). It costs RO 10 to make and receive an order, and it takes 14 work days to receive it. The annual holding cost 15 % of purchase price. The price RO 1 per kg. The company is operating 6 days per week. At what level of inventory in Kgs should the company be placing orders? Round-up to the nearest integer
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The annual demand for the Super Thrive brand plant food manufactured by Cumberbatch and Dunst Indoor Plants Company is 120,000 pounds. The annual holding cost (also known as carrying charge) is $0.05 per pound, and Operations Manager Kirsten Benedict has calculated the cost of setting up machinery for making the plant food to be $20. 1) What is the annual holding (carrying) cost for the EOQ that you calculated ? plz send answer fast.
Suppose that a movie theater snack bar turns over its inventory of candy 3.2 times permonth. If the snack bar has an average of 350 boxes of candy in inventory, what is itsaverage daily sales rate for candy? (Assume that there are 30 days per month.)
Peachy Keen, Inc., makes mohair sweaters, blouses with Peter Pan collars, pedal pushers,poodle skirts and other popular clothing styles of the 1950s. The average demand for mohairsweaters is 100 per week. Peachy’s production facility has the capacity to sew 400 sweatersper week. Setup cost is Rs 35100. The value of finished goods inventory is Rs400persweater. The annual per-unit inventory holding cost is 20 percent of the item’s value.a. What is the economic production lot size (ELS)?b. What is the average time between orders (TBO)?c. What is the total of the annual holding cost and setup cost?
Arthur Meiners is the production manager ofWheel-Rite, a small producer of metal parts. Wheel-Rite supplies Cal-Tex, a larger assembly company, with 10,000 wheelbearings each year. This order has been stable for some time.Setup cost for Wheel-Rite is $40, and holding cost is $.60 perwheel bearing per year. Wheel-Rite can produce 500 wheel bearings per day. Cal-Tex is a just-in-time manufacturer andrequires that 50 bearings be shipped to it each business day.a) What is the optimum production quantity?b) What is the maximum number of wheel bearings that willbe in inventory at Wheel-Rite?c) How many production runs of wheel bearings will WheelRite have in a year?d) What is the total setup 1 holding cost for Wheel-Rite?
A toy manufacturer uses 48,000 rubber wheels per year for its dump truck. The trucks are assembled over the entire year. The firm makes its own wheels at a rate of P800 per day and makes them in batches/lots. The holding cost is P1 per wheel per year. Setup cost is P45 per order. The firm operates 240 days per year. a. How many wheels should they make at a time? b. How much is the demand rate per day? c. How much is the POQ? d. How much is the total inventory cost? e. What is the length of the production run?
Peachy Keen, Inc., makes mohair sweaters, blouses with Peter Pan collars, pedal pushers, poodle skirts,and other popular clothing styles of the 1950s. The average demand for mohair sweaters is 100 per week.Peachy’s production facility has the capacity to sew 400 sweaters per week. Setup cost is $351. The valueof finished goods inventory is $40 per sweater. The annual per-unit inventory holding cost is 20 percentof the item’s value.a. What is the economic production lot size (ELS)?b. What is the average time between orders (TBO)?c. What is the total of the annual holding cost and setup cost?
Nestle Ltd. produces its premium plant food in 40 Kg bags. Demand is 100,000 Kgs, per week and the plant operates 52 weeks each year. Nestle can produce 250.000 Kgs. per week. The setup cost is OMR 200 and the annual holding cost rate is OMR 0.550 per bag. What is the optimal total cost of setup and inventory holding? Round-up to the nearest integer 5859 6000 7564 6550 No one is correct

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