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Title: Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in ... Post by: Catracho on Jul 31, 2019 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). Title: Re: Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, ... Post by: duddy on Aug 1, 2019 found the solution to the exact same question, but different numbers
hope this helps :) Title: Re: Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, ... Post by: bio_man on Aug 1, 2019 Content hidden
Title: Re: Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, ... Post by: duddy on Aug 1, 2019 Thanks for correcting.
Not all of them are wrong, just A, B, and E. Title: Re: Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, ... Post by: Catracho on Aug 7, 2019 found the solution to the exact same question, but different numbers hope this helps :) All answers are wrong because of a mistake in (A). (https://slideplayer.com/slide/4167360/13/images/53/EPQ+Formula+d+%3D+daily+demand+in+units%2C.jpg) \(EPQ=\frac{\sqrt{2\cdot annual\ demand\ \cdot \ setup}}{H\left(1-\frac{d}{p}\right)}\) Answer is 670.82 Title: Re: Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, ... Post by: bio_man on Aug 7, 2019 No of Production runs per year = Annual Demand / EPQ
No of Production runs per year = 12,500 per year / 670.82 = 18.63 Answering the others now... Title: Re: Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, ... Post by: Catracho on Aug 7, 2019 No of Production runs per year = Annual Demand / EPQ No of Production runs per year = 12,500 per year / 670.82 = 18.63 Answering the others now... Title: Re: Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, ... Post by: bio_man on Aug 7, 2019 Maximum Inventory Level = P ( Q / P ) -d ( Q / P )
P = production rate = 300 d= Daily Demand Rate = 12500 / 250 = 50 units per day Q = P * t (total days) = 250 * 300 = 75000 Maximum Inventory Level = 300 ( 75000 / 300 ) - 50 ( 75000 / 300 ) = 75000 - 12500 = 62500 |