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11. (6 points) Calculate the correct answer. A manager would like to know the total cost...
Check The current aggregate demand requirements for a firm are shown below for the next six...
Check The current aggregate demand requirements for a firm are shown below for the next six months: Month May June July Aug Sept Oct 230 Demand 210 210 210 240 260 Click here for the Excel Data File The firm always plans to meet all demand. The firm currently has 230 workers capable of producing 230 units in a month (1 unit/worker). The workforce can be increased (at a cost of $500 per worker) or decreased (at a cost of...
The current aggregate demand requirements for a firm are shown below for the next six months:...
The current aggregate demand requirements for a firm are shown below for the next six months: Month May June July Aug Sept Oct Demand 230 210 210 210 240 260 PpictureClick here for the Excel Data File ped The firm always plans to meet all demand. The firm currently has 230 workers capable of producing 230 units in a month (1 unit/worker). The workforce can be increased (at a cost of $500 per worker) or decreased (at a cost of...
A key hospital supplier, IVs Plus (IVP) located in Salina, KS sells IV tubing and stands...
A key hospital supplier, IVs Plus (IVP) located in Salina, KS sells IV tubing and stands to hospitals and clinics. Sales have picked up ever since they introduced their newest "Squeaky Clean" IV stand, which eliminates all oils and germs left behind by users. Though IVP sells these stands all year long, they sell the most during the summer months, when end-of-fiscal year purchases are at a peak. The demand over the next 12 months is shown in the table...
Summer-Fun, Inc., produces a various commodities related to recreation and leisure. The production manager has developed...
Summer-Fun, Inc., produces a various commodities related to recreation and leisure. The production manager has developed an aggregate forecast: Apr May Aug Sep Total Mar June July Demand 50 1 44 | 55 | 59 | 50 | 41 51 350 Use the following information to develop aggregate plans. Regular production cost $ 80 per unit Overtime(OT) production cost $ 120 per unit Subcontracting(SC) cost $ 140 per unit Regular capacity 40 units per month Overtime capacity 8 units per...
Manager Chris Channing of Fabric Mills, Inc., has developed the forecast shown in the table for...
Manager Chris Channing of Fabric Mills, Inc., has developed the forecast shown in the table for bolts of cloth. The figures are in hundreds of bolts. The department has a normal capacity of 275(00) bolts per month, except for the seventh month, when capacity will be 250(00) bolts. Normal output has a cost of $40 per hundred bolts. Workers can be assigned to other jobs if production is less than normal. The beginning inventory is zero bolts. Month Forecast Total...
Makes skis, unow boar and high end sledding equsipment As shown below,t Slopes & S the demand for...
makes skis, unow boar and high end sledding equsipment As shown below,t Slopes & S the demand for its peoducts is highly seasonal. The company empleys 10 workers who can each produce 200 units of various eqipmest per s limaited to regla production each period Subcontracting is unlimined Haring and fxing costs are $500 per workn laventory holding coss are $2 per unit per month Grven the estimates of demand below, a. the current workforce level (uapplemented with overtime and...
needing help with solving in Excel 6. Given the following forecast and cost information, determine the...
needing help with solving in Excel
6. Given the following forecast and cost information, determine the total cost of a plan that uses regular time production output of 600 units per month, overtime is used when needed up to a maximum of 60 units per month, and subcontracting is used if additional units are needed to meet the forecast. Month 1 2 3 5 6 Forecast 570 600 630 650 670 690 Regular time cost = $40 per unit Overtime...
Manager Chris Channing of Fabric Mills, Inc., has developed the forecast shown in the table for...
Manager Chris Channing of Fabric Mills, Inc., has developed the forecast shown in the table for bolts of cloth. The figures are in hundreds of bolts. The department has a normal capacity of 275(00) bolts per month, except for the seventh month, when capacity will be 250(00) bolts. Normal output has a cost of $40 per hundred bolts. Workers can be assigned to other jobs if production is less than normal. The beginning inventory is zero bolts. Month 1 2...
Please help with the missing numbers above Also Total hiring cost $ _?(enter response as whole...
Please help with the missing
numbers above
Also
Total hiring cost $ _?(enter response as whole number)
Total layoff cost $ _?(enter response as whole number)
Total inventory carrying cost $ _?(enter response as whole
number)
Total stockout cost $ _?(enter response as whole number)
Total cost, excluding normal time labor costs, for Plan B $
_?(enter response as whole number)
The S&OP team at Kansas Furniture, has received estimates of demand requirements as shown in the table. Assuming one-time...
I. Describe the differences between level, chase, and mixed production plans. Use the forecast in the...
I. Describe the differences between level, chase, and mixed production plans. Use the forecast in the table to show the differences by creating a plan of each type. There is no beginning inventory and regular production capacity is 350 units. Overtime costs $10 extra and is limited to 50 units per month. Subcontracting is limited to 100 units per month and costs $15 per unit. Back orders cost $40 per unit and there is a cost of $5 per month...
Check The current aggregate demand requirements for a firm are shown below for the next six months: Month May June July Aug Sept Oct 230 Demand 210 210 210 240 260 Click here for the Excel Data File The firm always plans to meet all demand. The firm currently has 230 workers capable of producing 230 units in a month (1 unit/worker). The workforce can be increased (at a cost of $500 per worker) or decreased (at a cost of...
The current aggregate demand requirements for a firm are shown below for the next six months: Month May June July Aug Sept Oct Demand 230 210 210 210 240 260 PpictureClick here for the Excel Data File ped The firm always plans to meet all demand. The firm currently has 230 workers capable of producing 230 units in a month (1 unit/worker). The workforce can be increased (at a cost of $500 per worker) or decreased (at a cost of...
Summer-Fun, Inc., produces a various commodities related to recreation and leisure. The production manager has developed an aggregate forecast: Apr May Aug Sep Total Mar June July Demand 50 1 44 | 55 | 59 | 50 | 41 51 350 Use the following information to develop aggregate plans. Regular production cost $ 80 per unit Overtime(OT) production cost $ 120 per unit Subcontracting(SC) cost $ 140 per unit Regular capacity 40 units per month Overtime capacity 8 units per...
Manager Chris Channing of Fabric Mills, Inc., has developed the forecast shown in the table for bolts of cloth. The figures are in hundreds of bolts. The department has a normal capacity of 275(00) bolts per month, except for the seventh month, when capacity will be 250(00) bolts. Normal output has a cost of $40 per hundred bolts. Workers can be assigned to other jobs if production is less than normal. The beginning inventory is zero bolts. Month Forecast Total...
makes skis, unow boar and high end sledding equsipment As shown below,t Slopes & S the demand for its peoducts is highly seasonal. The company empleys 10 workers who can each produce 200 units of various eqipmest per s limaited to regla production each period Subcontracting is unlimined Haring and fxing costs are $500 per workn laventory holding coss are $2 per unit per month Grven the estimates of demand below, a. the current workforce level (uapplemented with overtime and...
needing help with solving in Excel
6. Given the following forecast and cost information, determine the total cost of a plan that uses regular time production output of 600 units per month, overtime is used when needed up to a maximum of 60 units per month, and subcontracting is used if additional units are needed to meet the forecast. Month 1 2 3 5 6 Forecast 570 600 630 650 670 690 Regular time cost = $40 per unit Overtime...
Please help with the missing
numbers above
Also
Total hiring cost $ _?(enter response as whole number)
Total layoff cost $ _?(enter response as whole number)
Total inventory carrying cost $ _?(enter response as whole
number)
Total stockout cost $ _?(enter response as whole number)
Total cost, excluding normal time labor costs, for Plan B $
_?(enter response as whole number)
The S&OP team at Kansas Furniture, has received estimates of demand requirements as shown in the table. Assuming one-time...
I. Describe the differences between level, chase, and mixed production plans. Use the forecast in the table to show the differences by creating a plan of each type. There is no beginning inventory and regular production capacity is 350 units. Overtime costs $10 extra and is limited to 50 units per month. Subcontracting is limited to 100 units per month and costs $15 per unit. Back orders cost $40 per unit and there is a cost of $5 per month...
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