Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponents at a rate of 12,500 per year (of 250 working days). Holding costs are $2.00 per item per year, and ordering costs are $30.00 per order. a) What is the economic production quantity? units (round your response to two decimal places).

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponents at a rate of 12,500 per year (of 250 working days). Holding costs are $2.00 per item per year, and ordering costs are $30.00 per order. a) What is the economic production quantity? units (round your response to two decimal places).

Name: Race One Motors is an Indonesian car manufacturer. At its largest man
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Description: Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company producessubcomponents at a rate of 300 per day, and it uses these subcomponents at a rate of 12,500 per year (of 250 working days).Hold

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter16: Lean Supply Chain Management

Section: Chapter Questions

Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...

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The chapter presented various approaches for the control of inventory investment. Discuss three additional approaches not included that might involve supply chain managers.
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponents at a rate of 12,500 per year (of 250 working days). Holding costs are $2.00 per item per year, and ordering costs are $30.00 per order. Part 2 a) What is the economic production quantity? _________ units (round your response to two decimal places). Part 3 b) How many production runs per year will be made? _________ production runs (round your response to two decimal places). Part 4 c) What will be the maximum inventory level? _______ units (round your response to two decimal places). Part 5 d) What percentage of time will the facility be producing components? _________% (enter your response as a percentage rounded to two decimal places). Part 6 e) What is the annual cost of ordering and holding inventory? $_________ (round your response to two decimal places).
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Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponents at a rate of 12,500 per year (of 250 working days). Holding costs are $3 per item per year, and ordering costs are $31 per order. a) What is the economic production quantity?units (round your response to two decimal places).
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