A product is made to stock. Annual demand is 10000 units. One unit of product costs $10 and the holding cost rate= 20%/year. Setting up to produce a batch of products requires changeover of equipment, which takes n hr. The cost of equipment downtime plus labor $50/hr. Knowing that the economic order quantity (EOQ)=2000 pieces, determine the number of hour n Ch = holding cost; Csu=cost of setting up; and Da=annual demand. n= Determine the number of orders for one year = Number of orders for one year

A product is made to stock. Annual demand is 10000 units. One unit of product costs $10 and the holding cost rate= 20%/year. Setting up to produce a batch of products requires changeover of equipment, which takes n hr. The cost of equipment downtime plus labor $50/hr. Knowing that the economic order quantity (EOQ)=2000 pieces, determine the number of hour n Ch = holding cost; Csu=cost of setting up; and Da=annual demand. n= Determine the number of orders for one year = Number of orders for one year

Elements Of Electromagnetics

7th Edition

ISBN:9780190698614

Author:Sadiku, Matthew N. O.

Publisher:Sadiku, Matthew N. O.

ChapterMA: Math Assessment

Section: Chapter Questions

Problem 1.1MA

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