Asked by Latasha Morris on May 26, 2024
Verified
Which of the following is the basic material balance equation for the spring season?
A) PS + IS ≤ 100
B) PS - IS ≥ 200
C) PS + IW - IS = 100
D) PS + IS - IW = 450
Production Cost
The total expense incurred in the manufacturing of a product or providing a service, including raw materials, labor, and overhead costs.
- Understand and apply the concept of material balance equations in production planning.
- Ascertain the optimal arrangement of staff and production timing to minimize financial outlays.
Verified Answer
AN
Andrew NorcrossJun 02, 2024
Final Answer :
C
Explanation :
The basic material balance equation for the spring season takes into account the production in spring (PS), the inventory carried over from winter (IW), and the inventory at the end of spring (IS), to meet the spring demand of 100. This is accurately represented by the equation PS + IW - IS = 100.
Learning Objectives
- Understand and apply the concept of material balance equations in production planning.
- Ascertain the optimal arrangement of staff and production timing to minimize financial outlays.