Rolf Steps Is the Production Manager for a Local Manufacturing

question 121

Multiple Choice

Rolf Steps is the production manager for a local manufacturing firm.This company produces staplers and other items.The holding cost is $2 per unit per year.The cost of setting up the production line for this is $25.There are 200 working days per year.The production rate for this product is 80 per day.If the production order quantity is 200 units,what was the daily demand (rounded to the nearest whole unit) ?

• A)6 units
• B)7 units
• C)8 units
• D)9 units
• E)None of the above

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Definitions:

Continuous Process

A process that operates without interruption or pause, often used in reference to manufacturing or production methods.

Experimental Outcomes

The results or data collected from an experimental procedure, used to verify or refute the original hypothesis.

Chance Factors

Elements or circumstances that influence outcomes in a way that is unpredictable or out of control.

Psychosexual Theory

Sigmund Freud's theory that human personality development occurs in five psychosexual stages from infancy to adulthood, each focusing on a different erogenous zone.