Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5. Assume the demand for a product is 200 pieces per week. The demand is even and has no seasonal or other variations. The manufacturer's

5. Assume the demand for a product is 200 pieces per week. The demand is even and has no seasonal or other variations. The manufacturer's rate of production is the same as the demand, i.e. 200 pieces per week. Manufacturing of the product in question takes place continuously, with equal quantities produced each day. Safety stocks equivalent to two weeks' demand are kept in finished goods stocks. Withdrawals from finished goods stocks are 800 pieces every 28th day. The value of the products in finished stocks is 200/piece.

5a. How large is the average stock?

Enter the correct numbers in the input fields.

pieces unanswered

5b. What is the average tied-up capital? unanswered

5c. What is the average throughput time? weeks unanswered

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting And Finance For Non Specialists

Authors: Eddie McLaney

9th Edition

1292062711, 9781292062716

More Books

Students also viewed these Accounting questions

Question

Tell me about yourself.

Answered: 1 week ago

Question

In what ways can confl ict enrich relationships?

Answered: 1 week ago

Question

How do listening and hearing diff er?

Answered: 1 week ago

Question

How does eff ective listening diff er across listening goals?

Answered: 1 week ago