A producer of industrial climate control modules has recently changed to cellular manufacturing. The production facility operates 360 days per year and has annual demand of 10,300 units. They can produce up to 75 modules each day. It costs $20.85 to set up a work cell to produce this module. The cost of each module is $44 and annual holding costs are $4.90 per unit.  Setup labor cost is $15 per hour. What is the optimal size of the production run for this module? (Display your answer to the nearest whole number).   Given your answer to the previous question, how many production runs will be required each year in order to meet the annual demand? (Round your answer UP to the next whole number.)   How much time (in minutes) does it take to set up a work cell? (Display your answer to the nearest whole number.)  Suppose the main customer for this module wants to purchase in quantities of 50 units. What is the required setup time (in minutes) to make this order quantity an optimal production run quantity? (Display your answer to the nearest whole number.)

Carl's Custom Cans produces small containers which are purchased by candy and snack food producers. The production facility operates 250 days per year and has annual demand of 10,400 units for one of its custom cans. They can produce up to 200 of these cans each day. It costs $20.61 to set up one of their production lines to run this can. (Carl pays $17 per hour for setup labor.) The cost of each can is $3.40 and annual holding costs are $2.60 per can.What is the optimal size of the production run for this can? (Display your answer to the nearest whole number).   Given your answer to the previous question, how many production runs will be required each year in order to meet the annual demand? (Round your answer UP to the next whole number.)   Suppose the customer for this custom can wants to purchase in quantities of 400 units. What is the required setup cost to make this order quantity an optimal production run quantity for Carl's Custom Cans? (Display your answer to two decimal places.)   Based on your answer to the previous question (reduced setup cost), how long (in minutes) should it take to set up this production line? (Display your answer to the nearest whole number.)

In the past, four direct labor hours were required to produce each unit of product Y. Material costs were $200 per unit, the direct labor rate was $20 per hour, and factory overhead was three times direct labor cost. In budgeting for next year, management is planning to outsource some manufacturing activities and to further automate others. Management estimates these plans will reduce labor hours by 25%, increase the factory overhead rate to 3.6 times direct labor costs, and increase material costs by $30 per unit. Management plans to manufacture 10,000 units. What amount should management budget for cost of goods manufactured?

An agriculture equipment manufacturer has a sub-assembly production line where eight steps or tasks must be performed (outlined in the table below with all relevant information). Daily demand (required output rate) is 54 units and there are 960 minutes available each day to meet this production quota.Task     Req'd Time (in minutes)     Predecessor A 9 NoneB 5 AC 5 BD 7 BE 13 CF 3 CG 7 D, E, FH 3 G What is the total time (in minutes) for this production line?   What is the takt time (in minutes) for this production line? (Round your answer to a one decimal place.)   What is the theoretical minimum number of workstations required for this production line? (Round up your answer to the nearest whole number.)   Given your task assignments to workstations, what is the actual number of workstations required?   What is the cycle time (in minutes) for this production line?   What is the overall efficiency for this production line? (Write your answer as a percentage, and display your answer to two decimal places.)   %

You manage a plant that mass-produces engines by teams of workers using assembly machines. The technology is summarized by the production function q  10 KL, where q is the number of engines per week, K is the number of assembly machines, and L is the number of labor teams. Each assembly machine rents for r  $5,000 per week, and each team costs w  $2500 per week. Engine costs are given by the cost of labor teams and machines, plus $2000 per engine for raw materials. Assume your plant has a fixed installation of 5 assembly machines as part of its design. (a) We get the total cost function is TC(q)=25000+2000q, what are average and marginal costs for producing q engines? How do average costs vary with output? (b) How many teams are required to produce 250 engines? What is the average cost per engine? (c) You are asked to make recommendations for the design of a new production facility. What capital/labor (K/L) ratio should the new plant accommodate if it wants to minimize the total cost of producing at any level of output q? (Hint: Here we no longer assume that K is fixed at 5. You need to find the combination of K and L that minimizes cost at any level of output q.)

A company produces batches of 1,500 units. Each batch requires 60 machine hours. The overhead is applied at a rate of $30 per machine hour. If the direct materials cost $3,000 and the direct labor costs $2,700 per batch, what is the total cost of the batch and the cost per unit?Question 17Answera.Total cost: $7,500, Cost per unit: $5b.Total cost: $7,200, Cost per unit: $4.80c.Total cost: $6,000, Cost per unit: $4d.Total cost: $6,500, Cost per unit: $4.33