Posted by **Running Out of Time dee** on Saturday, September 24, 2011 at 2:17pm.

Jan Gentry is the owner of a small company that pro¬duces electric scissors used to cut fabric. The annual demand is for 9,000 scissors and Jan produces the scissors in batches. On average, Jan can produce 185 scissors per day. Demand for scissors has been about 45 scis¬sors per day. The cost to set up the production process is $125, and it costs Jan 55 cents to carry one pair of scissors for one year.

a) How many scissors should Jan produce in each batch?

b) What will be the maximum inventory?

c) What will be the average inventory ?

d) How many production runs will be made each year?

e) What will the annual setup cost?

f) What will be the annual holding cost?

g) What will be the total inventory cost?

## Answer This Question

## Related Questions

- Math - Jan Gentry is the owner of a small company that pro¬duces electric ...
- Inventory - Jan Gentry is the owner of a small company that pro¬duces electric ...
- English - 1. Cut out a paper triangle with scissors. 2. Cut off a paper triangle...
- Physics - Can someone please provide me with some insight on this question? A ...
- Math - Here is the instruction: Use the data from the table to calculate the ...
- English - 1. Do you have a scissors? 2. Do you have a pair of scissors? 3. Do ...
- accounting - Analyze and record, in the form of T Accounts, Mr. James' ...
- English - 1. What's this? - It is goggles. - It is trousers. - It is scissors. 2...
- Statistics/Probability - 2. Two roommates, roommate X and roommate Y, are ...
- Algebra - Jan is a photographer. She earns $42.50 for each picture she sells. It...

More Related Questions