Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Nov 30, 2023

If EOQ is 780 units and EPQ is 1200 units and daily demand is 80 then what is the production rate?

Step by Step Solution

★★★★★

3.29 Rating (146 Votes )

There are 3 Steps involved in it

Step: 1

Given that the EOQ Economic Order Quantity is 780 units the EPQ Economic Production Quantity is 1200 ... 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

Step: 3

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

Cost Accounting

Authors: William K. Carter

14th edition

759338094, 978-0759338098

More Books

Students also viewed these General Management questions

Question

★★★★★

1. A product has demand of 4000 units per year. Ordering cost is $20 and holding cost is $4 per unit per year. The EOQ model is appropriate. The cost-minimizing solution for this product will cost...

Answered: 1 week ago

Question

★★★★★

Formularium Management III Kevin Denis June 18, 2014 Use at own risk. Part I Inventory Control 1 Known demand (p198) 1.1 Basic EOQ model (p210) Assumptions: 1. Demand is xed at units per unit time....

Answered: 1 week ago

Question

★★★★★

Thomas Peterson, general manager for Topp Desk Company, is exasperated because the company exhausted its finished goods inventory of Style 103-Modern Desk twice during the previous month. This led to...

Answered: 1 week ago

Question

★★★★★

A lightweight, rigid beam 10.0 m long is supported by a cable attached to a spring of force constant k = 8.25 kN/m as shown in Figure P12.38. When no load is hung on the beam (Fg = 0), the length L...

Answered: 1 week ago

Question

★★★★★

One blade of a pair of scissors rotates counterclockwise in the xy plane. What is the direction of w? What is the direction of a if the magnitude of the angular velocity is decreasing in time?

Answered: 1 week ago

Question

★★★★★

How often have you heard or seen reports of lottery jackpots reaching extremely high amounts?

Answered: 1 week ago

Question

★★★★★

=+Heres a regression model and some associated graphs. Dependent variable is: MSRP R-squared = 91.0% R-squared (adjusted) = 90.5% s = 606.4 with 100 - 6 = 94 degrees of freedom Source Sum of Squares...

Answered: 1 week ago

Question

★★★★★

Ladora Construction Company began operations on January 1, 2019, when it acquired $30,000 cash from the issuance of common stock. During the year, Ladora purchased $6,000 of direct raw materials and...

Answered: 1 week ago

Question

★★★★★

Bratt Plumbing Company had the following transactions for June. June 1 Paid $610 for rent for the month of June. 2 Paid $160 for one month of insurance. 5 Collected an account of $1,250 for plumbing...

Answered: 1 week ago

Question

★★★★★

The idealized cross-section of a two-cell thin-walled wing box is shown below with the data in Table 22.7. If the wing box supports a load of 44,500 N acting along web 25, calculate the shear flow...

Answered: 1 week ago

Question

★★★★★

Q)New Mexico Corporation leased equipment under an agreement that qualifies as a finance lease. The present value of the minimum lease payments is $120,000. The lease term is five years. After the...

Answered: 1 week ago

Question

★★★★★

Based on his experiment, was Dr. Moesteller's conclusion correct? a. No, because he did not randomly select his subjects. b. No, because he knew some of his subjects better than others. c. Yes,...

Answered: 1 week ago

Question

★★★★★

You are a high school counselor. Maria is a 10th grade student who has just moved to the U.S. from Spain because her parents passed away. She is living with her cousin, who is currently on free and...

Answered: 1 week ago

Question

★★★★★

Reflection Questions Please review the assignment instructions and then respond to the following questions. This section must be completed before proceeding with the assignment. 1. Based on what you...

Answered: 1 week ago

Question

★★★★★

An important component of working with clients in any setting is understanding the problems that policies are designed to address, the details of how the policy is designed to affect the problem...

Answered: 1 week ago

Question

★★★★★

In addition to hardware like mobile phones, websites like Google, and software like Office products, there are many different tools that teachers and students can use to facilitate teaching and...

Answered: 1 week ago

Question

★★★★★

What is the weighted average cost of capital (WACC) given that the after-tax cost of debt is 7.8%, the cost of equity is 8.8%, the weight in debt is 65.8, and the marginal tax rate is 35.2%?

Answered: 1 week ago

Question

★★★★★

Prairie Outfitters, Inc., a retailer, accepts paymnent through credit cards. During August, credit card sales amounted to $12,000. The processor charges a 3% fee. Assuming that the credit card...

Answered: 1 week ago

Question

★★★★★

Berle Inc. manufactures two kinds of leather belts-Belt A (a high-quality belt) and Belt B (of a lower quality). The respective contribution margin s are $4 and $3 per belt. Production of Belt A...

Answered: 1 week ago

Question

★★★★★

Nelsonville Inc. budgeted factory overhead at $255,000 for the period for Department A, based on a budgeted volume of 50,000 machine hours. At the end of the period, the actual factory overhead was...

Answered: 1 week ago

Question

★★★★★

Why would management be interested in the revision of probabilities?

Answered: 1 week ago

Question

★★★★★

=+b. Is the estimator in part (a) unbiased? c. What is the MLE of (1 2 ) 5 , the probability that none of the next five assemblies tested is defective?

Answered: 1 week ago

Question

★★★★★

=+a. Use the bootstrap method to find a 95% bootstrap interval for the mean of the population from which this data was obtained.

Answered: 1 week ago

Question

★★★★★

=+63. A random sample of n electronic assemblies is selected from a large shipment, and each assembly is tested on an automatic test station. The number x of assemblies that do not perform correctly...

Answered: 1 week ago

Previous Question Next Question