QUESTION 10 Greek Circle manufacturing makes and sells specialty hubcaps for the retail automobile after market. GC's forecast for its wire-wheel hubcap is 500 units next year, with an average daily demand of 4 units. However, the production process is most efficient at 8 units per day. If the Setup costs are $10, the Carrying Costs are $0.50 per unit per year, what is the Optimum Production Order Quantity? So the company produces 8 per day but uses only 4 per day. The company wants to solve the optimum number of units per order. (Note. The plant schedules production of this hubcap only as needed, during the 250 days per year the shop operates). If the Setup costs are $10, the Carrying Costs are $0.50 per unit per year, what is the Optimum Production Order Quantity. 800 565.6 400 282.8 200 QUESTION 11 The economist who discovered that 20 percent of the people in his country receive 80 percent of the income and 80 percent of the people receive only 20 percent of the income was: O Kaoru Ishikawa O Vilfredo Pareto Taiichi Ohno OW. Edwards Deming Adam Smith QUESTION 12 Paul Hom is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation at Horn Inc. This firm turns its inventory 20 times annualy, its accounts receivable 25 times annually and its accounts payable 50 times annualy. If Horn Inc. is open for business 365 days per year, what is their Cash to Cash conversion cycle and do they have a self-funded value chain? O Cash-to-Cash Conversion Cycle is = 0 and their Value Chain is neither Self-Funded nor NOT Self-Funded Cash-to-Cash Conversion Cycle is = +25.55 and their Value Chain is Self-Funded Cash-to-Cash Conversion Cycle is = +25.55 and their Value Chain is NOT Self-Funded Cash-to-Cash Conversion Cycle is = -5 and their Value Chain is Self-Funded Cash-to-Cash Conversion Cycle is = -5 and their Value Chain is NOT Self-Funded QUESTION 13 A quality engineer has a manufacturing specification (in cm) of 0.25 plus or minus 0.05 Historical data indicates that if the quality characteristic takes on values larger than 0.3 cm or smaller than 0.2 cm, the product fails and a cost of $90 is incurred. Determine the Taguchi Loss Function and estimate the loss for a dimension of 0.18 cm. $200 average loss per part in this set $176 average loss per part in this set $152 average loss per part in this set $133 average loss per part in this set $258 average loss per part in this set Proctorio is sharing your screen. Stan sharin