An electronics manufacturer uses 1500 keyboards annually for its popular laptop series. The firm makes its own keyboards, which it can produce at a rate of 16 per day. Carrying cost is P100 per keyboard a year. Setup cost for a production run of keyboards is P15,000. The firm operates 200 days per year. Determine the following: a. Optimal Run Size (ap) b. Minimum total annual cost (TCmin) c. Cycle Time for the optimal run size d. Run Time for the optimal run size

An electronics manufacturer uses 1500 keyboards annually for its popular laptop series. The firm makes its own keyboards, which it can produce at a rate of 16 per day. Carrying cost is P100 per keyboard a year. Setup cost for a production run of keyboards is P15,000. The firm operates 200 days per year. Determine the following: a. Optimal Run Size (ap) b. Minimum total annual cost (TCmin) c. Cycle Time for the optimal run size d. Run Time for the optimal run size

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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