subject
Mathematics, 21.09.2020 02:01 gilcarrillo146

(EOQ) an automobile manufacturing plant uses exactly 8 power-lock mechanisms per hour. Each replenishment order to the supplier of the power-lock mechanisms incurs a fixed cost of $85. Each mechanism stored in inventory incurs a holding cost of $1.50 per week. a) Using the EOQ model, calculate the optimal order quantity, and the optimal average cost per year. b) suppose that the plant must order in power-of-two multiples of 1 week. (That is, the plant can place an order every week, or every 2 weeks, or every 4 weeks, … , or every 1/2 week, or or every 1/4 week,…) What is the optimal power-of-two order interval, and what is the cost ratio versus the optimal (non-power-of-two) solution?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
If 10 men take 18 days to mow 60 acres of grass, how long will 15 men take to mow 80 acres?
Answers: 3
question
Mathematics, 21.06.2019 22:30
What is the point of inflection for the function f(x)=2cos4x on the interval (0, pi/2)
Answers: 2
question
Mathematics, 22.06.2019 01:00
Which is an accurate comparison of the two data sets? the commute to work is typically shorter and more consistent than the commute home. the commute to work is typically shorter but less consistent than the commute home. the commute to work is typically longer and less consistent than the commute home. the commute to work is typically longer but more consistent than the commute home.
Answers: 2
question
Mathematics, 22.06.2019 02:00
Mr. roseanne will buy 12 1/2 pounds beef for for a cookout. the price for the first 3 pounds of beef is $4.99 per pound. after that, the price is $4.49 per pound. how much will mr.roshan pay for the beef
Answers: 1
You know the right answer?
(EOQ) an automobile manufacturing plant uses exactly 8 power-lock mechanisms per hour. Each replenis...
Questions
question
Advanced Placement (AP), 03.05.2021 04:40
question
Mathematics, 03.05.2021 04:40
question
Mathematics, 03.05.2021 04:40
question
Mathematics, 03.05.2021 04:40
question
English, 03.05.2021 04:40