Battle Creek Cereal Company has four main products: Corn Flakes, Frosted Flakes, Bran Flakes and Strawberry...

 

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Battle Creek Cereal Company has four main products: Corn Flakes, Frosted Flakes, Bran Flakes and Strawberry Flakes. The average daily demand for the products is: Corn Flakes: 1,815 CS Frosted Flakes: 1,625 CS Bran Flakes: 1,720 CS Strawberry Flakes: 2,540 CS These products are manufactured on a single assembly line with a daily production rate of 12,445 CS. It costs Battle Creek $1,250 to set up each cereal for producition and the daily holding cost for cereal is $0.03. What is the length of the lowest cost cyclic schedule (ignoring setup time constraints) in days? HINT: You can use the ELSP Homework spreadsheet to answer this question Battle Creek Cereal Company has four main products: Corn Flakes, Frosted Flakes, Bran Flakes and Strawberry Flakes. The average daily demand for the products is: Corn Flakes: 1,815 CS Frosted Flakes: 1,625 CS Bran Flakes: 1,720 CS Strawberry Flakes: 2,540 CS These products are manufactured on a single assembly line with a daily production rate of 12,445 CS. It costs Battle Creek $1,250 to set up each cereal for producition and the daily holding cost for cereal is $0.03. What is the length of the lowest cost cyclic schedule (ignoring setup time constraints) in days? HINT: You can use the ELSP Homework spreadsheet to answer this question

Answer rating: 100% (QA)

To find the length of the lowest cost cyclic schedule for Battle Creek Cereal Company well need to use Economic Lot Scheduling Problem ELSP concepts T... View the full answer