Optimum production run quantity, Operation Management

+44 141 628 6080
[email protected]

Optimum production run quantity

You are a production planner for Stanley Tools. Stanley Tools faces an annual demand of 1,000 screws. Production rate is 8 screws per day. Production setup cost is $10 per setup and annual holding cost is $2 per screw. Stanley Tools operates 250 days in a year.

(a) What is the optimum production run quantity?

(b) What is the maximum inventory level?

Request for Solution File

Ask an Expert for Answer!!

Operation Management: Optimum production run quantity

Reference No:- TGS058612

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Operation Management

Q : Provide a brief explanation

Provide a brief explanation of the exceptional circumstance(s) that prevented you to be successful in previous attempts of first course

Q : What similarities and difficulties do the world on turtle

what similarities and difficulties do The World On The Turle's Back and The Coyote and the Buffalo have ?

Q : Specific facet of social responsibility

Conduct research on organizations that rate companies on a specific facet of social responsibility. How do they assess the companies they rate? How do the vision and mission statements of the rating organization affect how they view social respons

Q : Learning in a collaborative enviroment

The ADVANTAGES OF AND DISADVANTAGES O F LEARNING IN A COLLABORATIVE ENVIROMENT.

Q : Optimum production run quantity

What is the optimum production run quantity? What is the maximum inventory level?

Q : Case: the hunt for seasonal workers crosses borders

Case: The Hunt For Seasonal Workers Crosses Borders

Q : After the interview, compare and contrast the knowledge

After the interview, compare and contrast the knowledge shared with the information presented in the Learning Resources and the research you conducted for the Discussion. What are some potential implications of these external influences for health ca

Q : Identifying and differentiating order qualifiers

Explain the importance of identifying and differentiating order qualifiers and order winners.

Q : Salespeople are born, not made

"Salespeople are born, not made. It's futile to try to train a person to be a salesperson, so " How would you answer a sales manager who said this to you if you were trying to get her or him to hire you as a sales trainer

1940604

Questions
Asked

3,689

Active Tutors

1435892

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Operation Management: Optimum production run quantity

Reference No:- TGS058612

Have a Question? (oR Write a Review)

Recent Questions Asked Operation Management

Q : Provide a brief explanation

Q : What similarities and difficulties do the world on turtle

Q : Specific facet of social responsibility

Q : Learning in a collaborative enviroment

Q : Optimum production run quantity

Q : Case: the hunt for seasonal workers crosses borders

Q : After the interview, compare and contrast the knowledge

Q : Identifying and differentiating order qualifiers

Q : Salespeople are born, not made

Contrasting observations of family dynamics

Understanding of the main victimological content

Identify and define the three broad approaches

What are some culturally sensitive ways

Circumstances that created culture shock for you

Identify an app for smartphones or tablets

Problem regarding the socioeconomic status

Request for Solution File

Ask an Expert for Answer!!

Operation Management: Optimum production run quantity

Reference No:- TGS058612

Recent Questions Asked Operation Management

Q : Provide a brief explanation

Q : What similarities and difficulties do the world on turtle

Q : Specific facet of social responsibility

Q : Learning in a collaborative enviroment

Q : Optimum production run quantity

Q : Case: the hunt for seasonal workers crosses borders

Q : After the interview, compare and contrast the knowledge

Q : Identifying and differentiating order qualifiers

Q : Salespeople are born, not made

Asked Questions