Question: need help with these 2 problems Scotts makes fertilizer spreaders. The cost to set up the machine is $100 per setup. Annual demand is 48,600
need help with these 2 problems
Scotts makes fertilizer spreaders. The cost to set up the machine is $100 per setup. Annual demand is 48,600 spreaders: daily demand is 135 per day. Annual inventory holding cost is $13 per spreader. Scotts can produce them at the rate of 200 per day. How many spreaders should Scotts make in each production run to minimize total annual setup and inventory holding cost? ROUND YOUR ANSWER TO THE NEAREST INTEGER Comma separators don't matter here. You can use them or not. Question 11 6 pts Scotts makes fertilizer spreaders. The cost to set up the machine is $100 per setup. Annual inventory holding cost is $13 per spreader. Annual demand is 48,600; daily demand is 135. Scotts can produce them at the rate of 200 per day. If Scotts uses the Exonomic Production Lot model to determine batch size, what is the associated TOTAL (combined) annual setup cost and annual inventory carrying cost? ROUND YOUR ANSWER TO THE NEAREST DOLLAR. DO NOT INCLUDE A DOLLAR SIGN. Comma separators don't matter here. You can use them or not
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