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Question A supplier to Ford stamps out parts using a press. Changing a part type requires the supplier to change the die on the press. This changeover currently takes four hours. The supplier estimates that each hour spent on the changeover costs $250. Demand for parts is 1,000 per month. Each part costs the supplier $100, and the supplier incurs an annual holding cost of 25%. Using this information, fill in the below data: R = _______ S = _______ H = _______ Determine the optimal production batch size for the supplier. _______ parts.

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Question

A supplier to Ford stamps out parts using a press. Changing a part type requires the supplier to change the die on

the press. This changeover currently takes four hours. The supplier estimates that each hour spent on the changeover costs $250. Demand for parts is 1,000 per month. Each part costs the supplier $100, and the supplier incurs an annual holding cost of 25%. Using this information, fill in the below data:

R = _______

S = _______

H = _______

Determine the optimal production batch size for the supplier. _______ parts.

 
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