<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0"><channel><title><![CDATA[Topics tagged with mgt613]]></title><description><![CDATA[A list of topics that have been tagged with mgt613]]></description><link>https://community.secnto.com//tags/mgt613</link><generator>RSS for Node</generator><lastBuildDate>Mon, 08 Jun 2026 23:53:37 GMT</lastBuildDate><atom:link href="https://community.secnto.com//tags/mgt613.rss" rel="self" type="application/rss+xml"/><pubDate>Invalid Date</pubDate><ttl>60</ttl><item><title><![CDATA[MGT613 Assignmnet 1 Solution and Discussion]]></title><description><![CDATA[Solution idea
D=Demand= 24000
S=Ordering/Setup cost= 2400
H=Holding/Carrying Cost= 3
U= Usage rate=24000/240= 100
P= Production rate= 600


Optimal Run Size:
Q0= √2DS/H√p/(p-u)
Q0= √(2240002400)/3√600/(600-100)
Q0= √115200000/3√600/500
Q0= √38400000* √1.20
Q0= 6196.77*1.0954
Q0= 6787.94 ≅6788


Minimum total annual cost for carrying and setup cost.
= Carrying Cost + Set up Cost
=( I max/2)H+ ( D/Q0)S
Where,
I max= Q0/p ((p-u))
I max= 6788/600 (600-100)
I max= 11.31 (500)
I max= 5655
TC min= Carrying Cost+ Setup Cost
TC min= (I max/2) H+ (D/Q0) S
TC min= (5655/2) 3 + (24000/6788) 2400
TC min= (2827.5) (3) + (3.53) (2400)
TC min= 8482.5 + 8472
TC min= 16954.5


Cycle time for the Optimal Run Size.
Q0/U=6788/100
= 67.88 ≅ 68 days


Run time
Q0/p=6788/600
= 11.31 days


]]></description><link>https://community.secnto.com//topic/1326/mgt613-assignmnet-1-solution-and-discussion</link><guid isPermaLink="true">https://community.secnto.com//topic/1326/mgt613-assignmnet-1-solution-and-discussion</guid><dc:creator><![CDATA[zareen]]></dc:creator><pubDate>Invalid Date</pubDate></item></channel></rss>