The head buyer of a Flat Screen TV wants to determine the most optimum inventory practice for the company. She was able to determine the demand and inventory costs needed in her analysis. The annual demand is 10,000 units. The cost is Php1000 per unit per year. The production rate is 50 units per day and there are 250 working days per year. Solve the following and show your solution: a. Daily Demand b. Economic Order Quantity c. Production Cycle d. Production Run per year e. f. Annual Set-up Maximum Inventory g. Minimum Inventory h. Average Inventory i. Annual Holding Inventory i. Total Inventory Cost

The head buyer of a Flat Screen TV wants to determine the most optimum inventory practice for the company. She was able to determine the demand and inventory costs needed in her analysis. The annual demand is 10,000 units. The cost is Php1000 per unit per year. The production rate is 50 units per day and there are 250 working days per year. Solve the following and show your solution: a. Daily Demand b. Economic Order Quantity c. Production Cycle d. Production Run per year e. f. Annual Set-up Maximum Inventory g. Minimum Inventory h. Average Inventory i. Annual Holding Inventory i. Total Inventory Cost

Precision Machining Technology (MindTap Course List)

2nd Edition

ISBN:9781285444543

Author:Peter J. Hoffman, Eric S. Hopewell, Brian Janes

Publisher:Peter J. Hoffman, Eric S. Hopewell, Brian Janes

Chapter2: Measurement, Materials, And Safety

Section2.5: Quality Assurance, Process Planning, And Quality Control

Problem 10RQ: If an X-bar chart graph falls below the LCL or rises above the UCL, a machining process is said to...

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