Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 4.8, Problem 26P
Summary Introduction
Interpretation: optimal quantities to be purchased for the three vegetables: tomatoes, zucchini, and lettuce.
Concept introduction: The optimal order quantity is also known as the economic order quantity, which is the most effective amount of a product to purchase at a given time.
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The production order quantity for this problem is approximately 332 units. daily demand rate = 64; daily production rate = 100. What is the average inventory on - hand ( in other words - the inventory for which you are paying Holding Costs ) In this problem ?
Lindsay​ Electronics, a small manufacturer of electronic research​ equipment, has approximately 6,900 items in its inventory and has hired Joan​ Blasco-Paul to manage its inventory. Joan has determined that 12​% of the items in inventory are A​ items, 34​% are B​ items, and 54​% are C items. She would like to set up a system in which all A items are counted monthly​ (every 22 working​ days), all B items are counted quarterly​ (every 62 working​ days), and all C items are counted semiannually​ (every 123 working​ days). How many items need to be counted each​ day?
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The total number of items that need to be counted each day is _ items? ​(round response to the nearest whole​ number).
Lindsay Electronics, a small manufacturer of electronic research equipment, has approximately 6,600 items in its inventory and has hired Joan Blasco-Paul to manage its inventory. Joan has determined that 12% of the items in inventory are A
items, 33% are B items, and 55% are C items. She would like to set up a system in which all A items are counted monthly (every 20 working days), all B items are counted quarterly (every 59 working days), and all C items are counted
semiannually (every 121 working days). How many items need to be counted each day?
The total number of items that need to be counted each day is
items (round your response to the nearest whole number).
Chapter 4 Solutions
Production and Operations Analysis, Seventh Edition
Ch. 4.4 - Prob. 1PCh. 4.4 - Prob. 2PCh. 4.4 - Prob. 3PCh. 4.4 - Prob. 4PCh. 4.4 - Prob. 5PCh. 4.4 - Prob. 6PCh. 4.4 - Prob. 7PCh. 4.4 - Prob. 8PCh. 4.4 - Prob. 9PCh. 4.5 - Prob. 10P
Ch. 4.5 - Prob. 11PCh. 4.5 - Prob. 12PCh. 4.5 - Prob. 13PCh. 4.5 - Prob. 14PCh. 4.5 - Prob. 15PCh. 4.5 - Prob. 16PCh. 4.6 - Prob. 17PCh. 4.6 - Prob. 18PCh. 4.6 - Prob. 19PCh. 4.6 - Prob. 20PCh. 4.7 - Prob. 21PCh. 4.7 - Prob. 22PCh. 4.7 - Prob. 23PCh. 4.7 - Prob. 24PCh. 4.7 - Prob. 25PCh. 4.8 - Prob. 26PCh. 4.8 - Prob. 27PCh. 4.8 - Prob. 28PCh. 4.9 - Prob. 29PCh. 4.9 - Prob. 30PCh. 4 - Prob. 31APCh. 4 - Prob. 32APCh. 4 - Prob. 33APCh. 4 - Prob. 34APCh. 4 - Prob. 35APCh. 4 - Prob. 36APCh. 4 - Prob. 37APCh. 4 - Prob. 38APCh. 4 - Prob. 39APCh. 4 - Prob. 40APCh. 4 - Prob. 41APCh. 4 - Prob. 42APCh. 4 - Prob. 43APCh. 4 - Prob. 44APCh. 4 - Prob. 45AP
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