Question: A firm uses 4 9 , 6 0 0 widgets per year and can produce 4 9 0 per day. Carrying costs are $ 2

A firm uses 49,600 widgets per year and can produce 490 per day. Carrying costs are $2 and setup costs are $150. They operate 240 days per year. What is the optimal run size?
Do not round intermediate calculations. Round your answer to a whole number.
Your Answer:
A firm uses 49,600 widgets per year and can produce 490

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Please include as much detail as possible including exact and detailed equations (prefer typed answers so response is legible) Question #1: A large bakery buys sugar in 100-pound bags. The bakery...

Q:

Show all your work when answering the following three questions: Question #1: A large bakery buys sugar in 100-pound bags. The bakery uses an average of 1,344 bags per year. Ordering cost is...

Q:

Exercise 1 1 - 9 ( Algo ) Special Order Decision [ LO 1 1 - 4 ] Delta Company produces a single product. The cost of producing and selling a single unit of this product at the company s normal...

Q:

Exercise 1 1 - 9 ( Algo ) Special Order Decision [ LO 1 1 - 4 ] Delta Company produces a single product. The cost of producing and selling a single unit of this product at the company s normal...

Q:

Paste BIUV v v $ ~ % " :00 Conditional Format Cell Sort Formatting as Table Styles Format v Filte 126 x v fx Enter A B C D E F G H I J K L Year 0 H 1 2 3 Demand 100,000 300,000 400,000 AWN Cost of...

Q:

points Problem 16-11 (Algal One ofyour Taiwanese suppliers has bid on a new line of molded plastic parts that is currently being assembled at your plant. The supplier has bid $0.10 per part, given a...

Q:

Exercise 1 1 - 9 ( Algo ) Special Order Decision [ LO 1 1 - 4 ] Delta Company produces a single product. The cost of producing and selling a single unit of this product at the company s normal...

Q:

Could you take a look at the attached tax forms and see if I filled them out correctly. It is a group assignment, and I only have to provide IRS Forms 3800 and 5884. I'm also attaching the story...

Q:

Need help with these discussion postings (in a document) and assignments (all in separate files), all directions are included as well. FINANCE DIRECTIONS Need to provide 1 original post substantial...

Q:

PLEASE HELP ASAP A firm uses 42,500 widgets per year and can produce 410 per day. Carrying costs are $3 and setup costs are $225. They operate 240 days per year. What is the optimal run size? Do not...

Q:

Measured total hourly discharge rates from a 2.48 mi? drainage basin are tabulated below. The hydrograph was produced by a rainstorm having a uniform intensity of 2.60 in/hr starting a 9 a.m. and...

Q:

The lucky winner of a lottery was given an option. She could either receive $1 million a year for 20 years, for a total of $20 million, or simply receive $10 million today. Why would anyone take the...

Q:

1 a The diagram shows a pentagonal prism. Write the number of faces, vertices and edges for this prism. b The formula linking the number of faces (F), vertices (V) and edges (E) for a 3D shape with...

Q:

Assume it is Monday, May 1, the first business day of the month, and you have just been hired as the accountant for Colo Company, which operates with monthly accounting periods. All of the companys...