A part is produced in lots of 1 comma 4001,400 units. It is assembled from 2 components worth $3030 total. The value added in production (for labor and variable overhead) is $3030 per unit, bringing total costs per completed unit to $6060. The average lead time for the part is 44 weeks and annual demand is 3 comma 7003,700 units, based on 50 business weeks per year. Part 2 a. How many units of the part are held, on average, in cycle inventory?
A part is produced in lots of 1 comma 4001,400 units. It is assembled from 2 components worth $3030 total. The value added in production (for labor and variable overhead) is $3030 per unit, bringing total costs per completed unit to $6060. The average lead time for the part is 44 weeks and annual demand is 3 comma 7003,700 units, based on 50 business weeks per year. Part 2 a. How many units of the part are held, on average, in cycle inventory?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A part is produced in lots of
1 comma 4001,400
units. It is assembled from 2 components worth
$3030
total. The value added in production (for labor and variable overhead) is
$3030
per unit, bringing total costs per completed unit to
$6060.
The average lead time for the part is
44
weeks and annual demand is
3 comma 7003,700
units, based on 50 business weeks per year.Part 2
a. How many units of the part are held, on average, in cycle inventory?
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