Question: manufacturers heating elements for dryers. It can produce heating elements @ 8 0 0 per day. The annual requirement of heating elements is semi. The

manufacturers heating elements for dryers. It can produce heating elements @ 800 per day. The annual requirement of heating elements is semi. The setup costs us 206 of the holding cost is $21.97 per heating element per year. The company operates 250 days per year. What is the optimal number of setups or orders per year for the heating element.

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:

Accounting is sometimes described as the language of business. What is meant by this description?

Q:

manufacturers heating elements for dryers. It can produce heating elements @ 8 0 0 per day. The annual requirement of heating elements is 7 5 0 0 0 units. The setup costs 2 0 6 per unit and holding...

Q:

Give clear answers. 6. Write down consumption per worker, G, as a function of k, and the savings rate. Determine the Golden Rule level of the savings rate in this economy. (6 points) Solution. C =...

Q:

manufacturers heating elements for dryers. It can produce heating elements @ 8 0 0 per day. The annual requirement of heating elements is 7 5 0 0 0 units. The setup costs 2 0 6 per unit and holding...

Q:

manufacturers heating elements for dryers. It can produce heating elements @ 8 0 0 per day. The annual requirement of heating elements is 7 5 0 0 0 units. The setup costs 2 0 6 holding cost is $ 2 1...

Q:

HeatingCo manufactures heating elements for dryers. It can produce heating elements at the rate of 8 0 0 per day. The annual requirement of heating element is 7 5 , 0 0 0 units. The setup cost is $ 2...

Q:

1. Garden Variety Flower Shop uses 830 clay pots a month. The pots are purchased at $3.40 each. Annual carrying costs per pot are estimated to be 10 percent of cost, and ordering costs are $10 per...

Q:

A company that produces hair dryers buys some of the components, but it makes the heating element, which it can produce at the rate of 830 per day. Hair dryers are assembled daily, 248 days a year,...

Q:

A company manufactures hair dryers. It buys some of the components, but it makes the heating element, which it can produce at the rate of 500 per day. Hair dryers are assembled daily, 240 days year,...

Q:

A company manufactures hair dryers. It buys some of the components, but it makes the heating element, which it can produce at the rate of 500 per day. Hair dryers are assembled daily, 240 days year,...

Q:

A company manufactures hair dryers. It buys some of the components, but it makes the heating element, which it can produce at the rate of 600 per day. Hair dryers are assembled daily, 300 days year,...

Q:

According to the capital asset pricing model: Ri = RF + (RM RF) bi where Ri, the expected return on security i, is the sum of RF, the return on a risk-free investment, and (RM RF) bi is the...

Q:

What are some products you think technology might be able to develop in the future that you would like? Explain. Do you think these products could add to a companys profits? Why?

Q:

The _ standards define how much input should be used to create a good or render a service. ( Enter only one word per blank. )

Q:

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,950 gallons @ $9.10 per gallon = $17,745 Purchases: Sales: Mar. 10 790 gals @ $ 9.15 Mar. 5 590 gals Mar. 16...