Mr. Leghorn lives next door to Mr. Fudd. During hunting season, Mr. Fudd likes to shoot rabbits in his backyard, which activity
1 answer:
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Answer: $ 30,290,000
Explanation:
For this question, the transportation table has been addressed below.
“X” indicates that there will be no possible production in the specific cell.
(i) The total cost of optimum production plan = (50,000 x 50) + (50,000 x 78) + (50,000 x 50) + (50,000 x 75) + (20,000 x 91) + (40,000 x 88) + (50,000 x 50) + (50,000 x 75) + (40,000 x 85) + (50,000 x 50) + (2,000 x 75)
= $ 30,290,000.
Therefore, the cost of the plan will be $30,290,000.
Answer:
setup cost = $1.75
setup time = 2.625 min
Explanation:
given data
firm operates = 250 days per year
Annual demand = 22,000
Daily demand = 88
Daily production = 250
Desired lot size = 63 (2 hours of production)
Holding cost = $40 per unit per year
to find out
setup cost and setup time
solution
we find first setup cost that is express as
setup cost = ......................1
here Q is Desired lot size and H is Holding cost and d is Daily demand and D is Annual demand and p is Daily production
put here value
setup cost =
setup cost =
setup cost = $1.75
and
setup time is
setup time = ....................2
setup time =
setup time = 2.625 min