Assignment:
The Dine Corporation is both a producer and a user of brass couplings. The firm operates 200 days a year and uses the couplings at a steady rate of 75 per day. Couplings can be produced at a rate of 100 per day. Annual storage cost is $1.5 per coupling, and machine setup cost is $50 per run.
Q1. Determine the economic run quality.
Q2. How many runs per year will there be?
Q3. Compute the maximum inventory level.
Q4. Determine the length of the pure consumption portion of the cycle.
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.