(Answered) : Radovilsky Manufacturing Company Hayward California Makes Flashing Lights Toys Company Ope Q35532544

June 27, 2024| admin| 0 Comment| 6:55 pm

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Radovilsky Manufacturing Company, in Hayward, California,makes flashing lights for toys. The company operates its productionfacility 300 days per year. It has orders for about 11,600 flashinglights per year and has the capability of producing 100 per day.Setting up the light production costs $51. The cost of each lightis $0.95. The holding cost is $0.15 per light per year.

a) What is the optimal size of the production run?

b) What is the average holding cost per year?

c) What is the average setup cost per year?

d) What is the total cost per year, including the cost of thelights?

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(Answered) : Radovilsky Manufacturing Company Hayward California Makes Flashing Lights Toys Company Ope Q35532544

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