Question: Problem 1 2 - 4 ( Algo ) A toy manufacturer uses 4 3 , 7 4 0 rubber wheels per year for its popular

Problem 12-4(Algo)
A toy manufacturer uses 43,740 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can produce at a rate of 900 per day. The toy trucks are assembled uniformly over the entire year. Carrying cost is $200 per wheel per year. Setup cost for a production run is $40. The firm operates 243 days per year. Determine the following:
a. Optimal run size (Round your answer to a whole number, following normal rules of rounding.)
EPQ
 Problem 12-4(Algo) A toy manufacturer uses 43,740 rubber wheels per year

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!