Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 4,750 per day. FSF supplies hot dogs to local restaurants at a

image text in transcribed The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 4,750 per day. FSF supplies hot dogs to local restaurants at a steady rate of 320 per day. The cost to prepare the equipment for producing hot dogs is $61. Annual holding costs are 46 cents per hot dog. The factory operates 296 days a year. a. Find the optimal run size. (Do not round intermediate calculations. Round your answer to the nearest whole number.) b. Find the number of runs per year. (Round your answer to the nearest whole number.) c. Find the length (in days) of a run. (Round your answer to the nearest whole number.)

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_2

Step: 3

blur-text-image_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

Knowledge Management In Organizations A Critical Introduction

Authors: Donald Hislop

3rd Edition

0199691932, 9780199691937

More Books

Students also viewed these General Management questions

Question

Define Scientific Management

Answered: 1 week ago

Question

Explain budgetary Control

Answered: 1 week ago

Question

Solve the integral:

Answered: 1 week ago

Question

What is meant by Non-programmed decision?

Answered: 1 week ago