BUSI 2301 Lecture Notes - Lecture 1: Heating Element
Document Summary
Solution p = 500 kg / day d = 100 kg / day. D = 100 kg / day 300 days/year = 30,000 kg / year: qo = = 474. 34 [round to 474 kg: d / qo = 30,000 / 474 = 63. 29 or 63 runs / year (every approx. 5 days: run length: qo / p = 474 / 500 = 0. 95 day (approx. Solution p = 800 units per day d = 300 units per day for 250 days; therefore, d = 300 250 = 75,000 / year. Current q = 2,000 units: d / q = 75,000 / 2,000 = 37. 5 batches per year, the number of units produced in two days = (2 days)(800 units / day) = 1,600 units. The number of units used in two days = (2 days) (300 units / day) = 600 units. Current inventory of the heating element = 0.
