1 JL.53 Bob's Bumpers has a repetitive manufacturing facility in Kentucky that makes automobile bumpers and other auto bodyparts. The facility operates 350 days per year and has annual demand of 75,000 bumpers. They can produce up to 330 bumperseach day. It costs $71 to set up the production line to produce bumpers. The cost of each bumper is $148 and annual holdingcosts are $37 per unit. Setup labor cost is $25 per hour.What is the optimal size of the production run for bumpers? (Display your answer to the nearest whole number.)189Based on your answer to the previous question, and assuming the manufacturer holds no safety stock, what would be theaverage inventory for these bumpers? (Display your answer to the nearest whole number.)Number

given, Annual demand, D = 75000 Daily demand d = 75000/350 = 214.28 Daily production p = 330 Setup…

Answered: JL.53 Bob's Bumpers has a repetitive…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter7: Nonlinear Optimization Models

Section: Chapter Questions

Problem 56P

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