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apgg303
26.10.2020 •
Mathematics
A manufacturer of hospital supplies has a uniform annual demand for boxes of bandages. It costs $ to store one box of bandages for one year and to set up the plant for production. How many times a year should the company produce boxes of bandages in order to minimize the total storage and setup costs?
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Ответ:
75 times
Step-by-step explanation:
Calculation for How many times a year should the company produce boxes of bandages
First step is to find the EOQ using this formula
EOQ=√2×D×S/H
Where,
S = Ordering cost per order is 160
D =Annual demand is $180,000
Holding cost=10
Let plug in the formula
EOQ=√2×$180,000×160/10
EOQ=√57,600,000/10
EOQ=2,400
Now let calculate How many times a year should the company produce boxes of bandages using this formula
Numbers of times to produce boxes of bandages=D/Q
Let plug in the formula
Numbers of times to produce boxes of bandages=$180,000/2,400
Numbers of times to produce boxes of bandages=75 times
Therefore How many times a year should the company produce boxes of bandages in order to minimize the total storage and setup costs will be 75 times
Ответ:
Step-by-step explanation:
Clays rate is 1/2 hour per lawn. We can write this as Rate = 3/2 hr/lawn.
If Clay mows for 1/3 hour, we can determine the amount of lawn mowed by dividing the 1/3 hour by the rate:
(1/3 hr)/(3/2 hr/lawn) = (1/3)*(2/3) = 2/9 of a lawn.