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Category > Business & Finance Posted 23 May 2017 My Price 8.00

The following data apply to sheet metal pans produced at a stamping plant

The following data apply to sheet metal pans produced at a stamping plant that serves a final assembly plant in the automotive industry. The data are average values representative of the parts made at the plant. Annual demand = 150,000 pieces (for each part produced): avenge cost per piece = $20, holding cost = 25e/c, changeover (setup) time for the presses 5 hr, and cost of downtime on any given press — $200/hr. (a) Compute the economic batch size and the total annual inventory cost for the data. (b) If the changeover time could be reduced to 30 min, compute the economic batch size and the total annual inventory cost.

 

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Alpha Geek
(8)
Status NEW Posted 23 May 2017 06:05 PM My Price 8.00

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Attachments

file 1495563412-2215087_1_636310668822529650_Economic-Batch-size.xlsx preview (282 words )
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