Question

In: Advanced Math

Battle Creek Cereal Company has four main products: Corn Flakes, Frosted Flakes, Bran Flakes and Strawberry...

Battle Creek Cereal Company has four main products: Corn Flakes, Frosted Flakes, Bran Flakes and Strawberry Flakes. The average daily demand for the products is:

Corn Flakes: 1,250 CS

Frosted Flakes: 1,430 CS

Bran Flakes: 815 CS

Strawberry Flakes: 3,245 CS

These products are manufactured on a single assembly line with a daily production rate of 11,565 CS. It costs Battle Creek $1,350 to set up each cereal for producition and the daily holding cost for cereal is $0.02. What is the length of the lowest cost cyclic schedule (ignoring setup time constraints) in days?

Solutions

Expert Solution

Dear Student if you have any doubt please Ask Thank you .


Related Solutions

Bokomo Inc., produces corn-flakes and bran-flakes. The manufacturing process is highly mechanised; both products are produced...
Bokomo Inc., produces corn-flakes and bran-flakes. The manufacturing process is highly mechanised; both products are produced by the same machinery by using different settings. For the coming year, 200 000 machine hours are available. Management is trying to decide on the quantities of each product to produce. The following data are available: Corn-flakes Bran-flakes Machine hours per unit 1.00 0.50 Unit selling price R2.50 R3.00 Unit variable cost R1.50 R2.25 Because of market conditions, the company can sell no more...
The makers of Country Boy Corn Flakes are thinking about changing the packaging of the cereal...
The makers of Country Boy Corn Flakes are thinking about changing the packaging of the cereal with the hope of improving sales. In an experiment, five stores of similar size in the same region sold Country Boy Corn Flakes in different-shaped containers for 2 weeks. Total packages sold are given in the following table. Using a 0.05 level of significance, shall we reject or fail to reject the hypothesis that the mean sales are the same, no matter which shape...
Scenario 3: Cereal Boxes ~ A large box of corn flakes claims to contain 510 grams...
Scenario 3: Cereal Boxes ~ A large box of corn flakes claims to contain 510 grams of cereal. Since cereal boxes must contain at least as much product as their packaging claims, the machine that fills the boxes is set to put 513 grams in each box. The machine has a known standard deviation of 3 grams and the distribution of fills is known to be normal. At random intervals throughout the day, workers sample 5 boxes and weigh the...
Equivalent Units of Production Wheatmore Company manufactures cold cereal products, such as Frosted Flakes. Assume that...
Equivalent Units of Production Wheatmore Company manufactures cold cereal products, such as Frosted Flakes. Assume that the inventory in process on March 1 for the Packing Department included 720 pounds of cereal in the packing machine hopper, (enough for 480 24-oz. boxes) and 480 empty 24-oz. boxes held in the package carousel of the packing machine. During March, 39,840 boxes of 24-oz. cereal were packaged. Conversion costs are incurred when a box is filled with cereal. On March 31, the...
One of the products produced by Branco Food Company is All-Bran Cereal, which competes with three...
One of the products produced by Branco Food Company is All-Bran Cereal, which competes with three other brands of similar all-bran cereals. The company's research office wants to investigate if the percentage of people who consume all-bran cereal is the same for each of these four brands. Let us denote the four brands of cereal by A,B,C, and D. A sample of 900 persons who consume all-bran cereal was taken, and they were asked which brand they most often consume....
A cereal manufacturer has advertised that its product, Fiber Oat Flakes, has a lower fat content...
A cereal manufacturer has advertised that its product, Fiber Oat Flakes, has a lower fat content than its competitor, Bran Flakes Plus. Because of complaints from the manufacturers of Bran Flakes Plus, the FDA has decided to test the claim that Oat Flakes has a lower average fat content than Bran Flakes Plus. Several boxes of each cereal are selected and the fat content per serving is measured. The results of the study are as follows. N Y-bar S Fiber...
Kellogg Company manufactures and markets ready to eat cereal and convince foods including raisin bran, pop...
Kellogg Company manufactures and markets ready to eat cereal and convince foods including raisin bran, pop tarts, rice Krisp treats and Pringles. In addition to the raw material used when producing its products. As of January 2, 2016, Kellogg Company has approximately 33,577 employees. A shortages in the labor pool, regulatory measures and other pressures could increase the company's labor cost, having a negative impact on the company's operating income. 1. Suppose Kellogg company noticed an increase in its actual...
In six months, a cereal company plans to sell 30,000 boxes of “Corn Crisps” for $4.00...
In six months, a cereal company plans to sell 30,000 boxes of “Corn Crisps” for $4.00 per box and will need to buy 15,000 bushels of corn to do so. In doing so, it also incurs non-corn costs of $38,000. The current spot price of corn is $5.10 per bushel, and the effective six-month interest rate is 3 percent. The company will hedge by selling a collar -- i.e., purchasing $5.30-strike call options at $0.37 per bushel and writing $4.90-strike...
A cereal company has claimed that one serving of their cereal has on average 120 calories...
A cereal company has claimed that one serving of their cereal has on average 120 calories with a standard deviation of 12 calories.  You decide to test their claims and examine 10 different recommended serving sized bowls for calorie count and nutritional content. The data is below.  With an alpha level of .05, does the evidence support the cereal company’s claims?   α = .05 μ = 120 σ = 12 mean = _____ n = _____ Bowls 1 2 3 4 5...
Quality Products Company has a broad range of products it sells in a four-state area. Sales...
Quality Products Company has a broad range of products it sells in a four-state area. Sales for the four quarters of 2019 are expected to be $575,000, $412,000, $749,000, and $638,000, for an annual total of $2,374,000. Cost of goods sold averages 57% of sales. Ending inventory for each quarter should be 10% of cost of goods sold for the following quarter. Inventory at January 1 is expected to be $40,000. Required: Show calculations for ending inventory, purchases, and cost...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT