University of Texas at El Paso Homework #4

HONEWORL' # 4

① { = 300 pounds /y EAR

K = $45
h= ( 2. 5) ( 0.21 = $0 . S

a) 0.* = =
Á = 232.37

b)

2323.03in
1-
Q÷
=

= = 0.771 YEA "

✗ 365

= 282 . Si DAYS

c) TOTAL ANNUAL COST =

( %-) hth
( %)

=
(2322-37) lo .SI +4s
/EE ) ,

58.094 t 58.094
=

=
$116.189

d) REORDER LEUEL

A- ht ≈ 300
/ )
= 17 .
307 Owits
e) ANNUAC SET up cost with K - $15

= ' s
(3%2.7)=19.36
ANNUAL cost = $116.18
NEV ANNUAC cost = 77 .
458

ERROR IN CALCUCATION = 116.189-77.458

=
$38.731

② ANNUAL DEMAND = 1500 UNITS /YEAR

DEN AND
Of TOTAC ANNOAC
1- MPORTED CARS = ZOY .

h = 300 un ITS / YEAR

HOLDING COST =
$15 .

0.25 =3 .
7s

SET UP COST K =
$28
COST PERCMPORTEDCARS = $15

TÉ
d) -
66.93
Q = ≈ =

1-
663.009L 81.39 DAYJ
=
= 0.22 •
36s =
b) [ =
6 ✓ EEKS - SZWEEKS

✗ = 300

LT
R = ≈
130071%)
= 34.615 UNITS

C) { = 300

TOTAL ANNUAL cost =

( %) h •
SETUPCOST t $28

(3%-113.75)+28
=

=
$590.5

COST AFTER RE ORDER POINT

TC =
TÉ

TOTAL COST =
¥ÍÑ
= $250.99

ADDITIONAL HOLDING AND SET UP LOST

= $590.5 -

$250.99 ≈ $339.51
③ MOLLY SCREW COST = 40 LENTS

COST 18 CENTS
HEX NUT =

K
SET up LOST =
$100 =

HOLDING COST = 25% = 0.2s

HEY NUT REMAD =

tu 1 = 20,000

Molly SLREO DEN # D= hz = 14,000

HOCD NG COST .
=
( 0.18 ) ( 0.2s ) = $0.045

fÉ°
•

G.
9428.09
=
=

0.045

No MBER OF ORDERS

:# =¡%÷
= -
-
ar

TNE Between
oro " _

°¡Y•¿{%{¡¡µ%^_
=

32¥ = 172.169 MAIS

HOLDING COST z = ( 0.40 ) ( 0.25 ) =

$0 . 10

É;YÜ
Qi -
_

= szai.sc

ORDERS

ᵗÍ_ HOI 5291.50

= 2-645

TIME BETWEEN ORDERS

-326¥ = 137.73 DAIS
b) ORDERS combi NED

ANNUAL
DEM AND =
Lo =
{ ,
+ hz

= 20,000
+
14,000 = 34000

4--34,000
FÉ
)
≥ = 12292.73
he = 0.0ns

ANNUAC HOLDING cost

(%-) h, =

(12292-53-1/0.045)
2

=
$276 -58

( tq)
ANNUAC SET UP COST =
K

= 100
(3,7%9%-73)=4276-58
HEX NUTS ORDER SEPE RATELY

ANNUAL HOLDING cost =

|ˢ) ( hi )

=
/ Él ) (0.0^5)=9212.13
hl

100%4%9-09 )
Aaaa setup « si =

= $212.13
ORDER COMBINED

ANUAL HOCD > NG COST

DIFFERENLE BETWEEN

= 276.58-212.13 =
$64.45

D , FFERENCE BETWEEN SET UP COST

= 276.58-212.13 = $64.45

ORDER #2

hz
⊕e=
= 0.10
*
8246.21
°

Q
L = 34000 • .
=

k = 100

|
HOLDING COST hz
ANNUAL =

(82%-21-110.10) = $412.31

Annual SET up cost

= K
/¥) .
= 11001
(3%2%6%-1)
= 412 . 310

COST OF MOUC
Ey SCREVS WHEN ORDER SEPARATECY

ANNUAL HOUDIN h cost =

(QR÷) ha

(52%5-110.10)
= $264.57
ANNUAL SET up cost = K
( Ü)
=

1001%4%-1=51264-57
DIFTFERENCE en ANNUAL
= 412.31
-
264.57
HOLDING COST
=
$147.74

DIFPRERENLE IN ANNUAL
=
412.31 -
264.57
SET up cost
=
$147.74
① TOTAL PROD .
YEAR =
PROD PER YEAR
.
• WORKCNG DAYS
10,000 °
250 =
2 .
S milliones

HOLDING COST = $3 .

f. 371 =
$1 - ll PER POOND

Hoctiw GOSTPER POUND = l ll ll

°.%#a) 0.7548
-
.
-
=

a)
EOQ =
= 56388.38

b)
PRODUCTION
¡ 0.7018 PIYEAR
=

BETWEEN
=

T.me

CYCLE
56238.GG?8---
upt, ME OF EACH =
0.02255s YEAR

DOWNTOWN EACH CYCLE

= 0.7018-0.022555--0.047929 y EAR

UDTimE-fo-j. o?fEs-)(io )- 32%D0uNTME=

1%4%4%-111001=681
.
C)
AVERAGE ANNUAL HOLDING AND SET UP COST

LY%ff.org?ot-+--8-3&=yas ,≥

CONTRIBUTION MARGIN 3. S 3--0 SPERPUUND

PER POUND
= -
.

ANNUAL
PROFIT:( 800,000 •
0.5 ) -
42562 = $357 138

d) EOQ =

Foto = yo 499.0554

SET up
COST
AND
ANNUAL Holdich

dw%fEjq.TT?-+tEY'=sioiuANNun-cHoLDcdG
AND
SET up
COST

$9052
uicc KUREASE

SI 614 -

42 562 =
⑤ L = 22s un its / MONTHLY

h =
ZSS ✗ 12 = 2700 u - TS
'
/ YEAR
•
AGE FOR WORKER =
$ SS PER HOUR

PRODUCTION RATE = SO PER HOUR

HOC DWG COST = ( 2. 5) (0-25)=0 .

625

p =
(8) (6) (20×12)=72000 umts PER YEAR

a) Hll
%-)
'
A lo .us) (
-7%8-0)
-
=
≈ l

"

H = 0.601s PER UNIT

FÉMINA
QE

'
= 1444.50 UNITS

b) I =
.
( 1-
%)
1444.5011-22%-00) 1390.81 unñs
I =
=
c)
Q¿-
Tine
CYCLE
=

=
142474¥ = 0.5351 /YEAR

1472440¥
Uptine su
PRODUCTO "
= 0.0201 / YEAR

-5=0%25%1--0.0375
of
pomor option

≈ 3.75 te