A company that produces hair dryers makes its heating elements in house. Those pieces can be...
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A company that produces hair dryers makes its heating elements in house. Those pieces can be produced at a rate of 800 per day. Their total hair dryer demand reaches to 50000 per year and the company operates 250 days in a year. Then it can be concluded that they can use 50000/250= 200 units/day in order to ship to the customers. The assembly continues whole year uniformly. Carrying(holding) cost is 0,5 TL and setup cost for a run is 35 TL. a. Compute the economic production quantity (EPQ). (15 points) b. Compute the cycle time. (5 points) c. Compute the run time. (5 points) A company that produces hair dryers makes its heating elements in house. Those pieces can be produced at a rate of 800 per day. Their total hair dryer demand reaches to 50000 per year and the company operates 250 days in a year. Then it can be concluded that they can use 50000/250= 200 units/day in order to ship to the customers. The assembly continues whole year uniformly. Carrying(holding) cost is 0,5 TL and setup cost for a run is 35 TL. a. Compute the economic production quantity (EPQ). (15 points) b. Compute the cycle time. (5 points) c. Compute the run time. (5 points)
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Given Annual demand D 50000 units Daily production p 800 units Daily ... View the full answer
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