Briefly discuss any three process structures for manufacturing, with one appropriate example.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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1. Briefly discuss any three process structures for manufacturing, with one appropriate example.

2. see attached 

Khomas Trading Co sells 25 000 bags of cement per year. The holding costs are estimated to be N$50
per bag per year. The ordering costs are N$120 per order. The business works for 280 days per year.
Determine:
i) the optimal economic order quantity (EOQ)
ii) the number of orders per year
(3)
(2)
iii) the length of the ordering cycle
iv) the total annual inventory costs
v) if the holding costs increase to N$65 per bag, what will the total annual inventory costs amount
(3)
(3)
to?
(4)
Transcribed Image Text:Khomas Trading Co sells 25 000 bags of cement per year. The holding costs are estimated to be N$50 per bag per year. The ordering costs are N$120 per order. The business works for 280 days per year. Determine: i) the optimal economic order quantity (EOQ) ii) the number of orders per year (3) (2) iii) the length of the ordering cycle iv) the total annual inventory costs v) if the holding costs increase to N$65 per bag, what will the total annual inventory costs amount (3) (3) to? (4)
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