operations management

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tultul_gis

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New York Production 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 per
item per year, and ordering costs are $30 per order.
(a) What is the economic production quantity?
(b) How many production runs per year will be made?
(c) What will be the maximum inventory level?
(d) What percentage of time will the facility be producing components?
(e) What is the annual cost of ordering and holding inventory?
 
tultul_gis said:
New York Production 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 per
item per year, and ordering costs are $30 per order.
(a) What is the economic production quantity?
(b) How many production runs per year will be made?
(c) What will be the maximum inventory level?
(d) What percentage of time will the facility be producing components?
(e) What is the annual cost of ordering and holding inventory?
Click to expand...

You posted 15 problems without showing single line of effort.
 
Subhotosh Khan said:
[quote="tultul_gis":1jjbxbfv]New York Production 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 per
item per year, and ordering costs are $30 per order.
(a) What is the economic production quantity?
(b) How many production runs per year will be made?
(c) What will be the maximum inventory level?
(d) What percentage of time will the facility be producing components?
(e) What is the annual cost of ordering and holding inventory?
Click to expand...

You posted 15 problems without showing single line of effort.[/quote:1jjbxbfv]

dude, i am struggling with every single problem i posted... i don't know how to start off with the problem.. thats why a little help would be appreciated, if you can.
 
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