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Question The following table shows the monthly demand and beginning inventory of a company. A worker...
100 1500 Beginning Workers Beginning inventory = Productive hours/worker/day = Units per worker per month 6.75...
100 1500 Beginning Workers Beginning inventory = Productive hours/worker/day = Units per worker per month 6.75 100 Feb Mar June Apr 13,300 May 11,000 13,250 7,200 15,700 Level Strategy Jan Demand 14,000 Beginning Inv. Net Requirements Beginning Workers Hired Fired Req. Workers Production Ending Inventory Using the level strategy, what is the ending inventory for June? 200 O 250 OO O-350
Given the following production plan: Briefly explain the differences between a Chase Production Strategy and a...
Given the following production plan: Briefly explain the differences between a Chase Production Strategy and a Level Production Strategy, then use: (a) chase production strategy and (b) level production strategy to compute the monthly production, ending inventory or backlog, and workforce levels. A worker is capable of producing 50 units per month. Assume the beginning inventory as of January is 500 units, and the firm desires to have 200 units inventory at the end of June. Demand production EI workforce...
Problem 2 D small manufacturing company is manufact has prring company is planing production requirements requ...
Problem 2 D small manufacturing company is manufact has prring company is planing production requirements requ ected demand bplanning production requirements for next year. The Sales by quarter as shown below: Winter Average quarterly demand 3500 units 3800 units 4200 units 4500 units Suppose the company had 50 workers and 1.600 units in inventory at the beginning of the winter The company wishes to finish the year with an inventory of 1,000 units on hand. The average pay per worker...
Check my wa will have 400 mowers in inventory at the beginning of the month and...
Check my wa will have 400 mowers in inventory at the beginning of the month and desires to maintain at least that number at the end of each month. Assume hiring and layoff/firing, if necessary, occur at the beginning of the quarter. Below is other critical data: Production cost per unit = $230 Inventory carrying cost per month per unit = $50 (based on ending month inventory) Hiring cost per worker = $420 Firing cost per worker = $540 Beginning...
Andree’s All-American manufactures fashionable tennis wear, needs help planning production for next year. Demand for tennis...
Andree’s All-American manufactures fashionable tennis wear, needs help planning production for next year. Demand for tennis gear is fairly stable, but has peaks during the summer months. Month Demand Forecast January 500 February 300 March 200 April 1500 May 2500 June 3500 July 4500 August 2500 September 500 October 300 November 300 December 2500 Beginning workforce 9 workers Production per day 9 units per employee Production cost during regular time $50 per unit Subcontracting cost $75 per unit Increasing production...
Togo makes riding lawn mowers and tractors. The company’s expected quarterly demand is given belo...
Togo makes riding lawn mowers and tractors. The company’s expected quarterly demand is given below in the chart. The company will have 300 mowers in inventory at the beginning of the month and desires to maintain at least that number at the end of each month. Below is other critical data: Production cost per unit = $325 Inventory carrying cost per month per unit = $60 (based on ending month inventory) Hiring cost per worker = $450 Firing cost per...
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...
A company believes that its demand for the next six months is as follows ota ont eman The output per worker per month is 100 units. The per worker hiring and lay off costs are $1,500 and $3,500, resp...
A company believes that its demand for the next six months is as follows ota ont eman The output per worker per month is 100 units. The per worker hiring and lay off costs are $1,500 and $3,500, respectively. There is no beginning inventory, and the starting workforce is 135. It cost the company $25 to carry an item in inventory each month, and the stockout costs is estimated to be $25 per unit. Develop a level sales and operations...
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 firm must plan production for the next six months. Each unit costs $480 to produce...
A firm must plan production for the next six months. Each unit costs $480 to produce and it has an inventory holding cost of $20 per unit per month based on ending inventory levels. The cost to hire a worker is $330, and the cost to fire a worker is $660 per worker. Each worker produces 10 units per month. There are 25 persons on the payroll at the beginning of the first month. The company currently has 200 units...
100 1500 Beginning Workers Beginning inventory = Productive hours/worker/day = Units per worker per month 6.75 100 Feb Mar June Apr 13,300 May 11,000 13,250 7,200 15,700 Level Strategy Jan Demand 14,000 Beginning Inv. Net Requirements Beginning Workers Hired Fired Req. Workers Production Ending Inventory Using the level strategy, what is the ending inventory for June? 200 O 250 OO O-350
Problem 2 D small manufacturing company is manufact has prring company is planing production requirements requ ected demand bplanning production requirements for next year. The Sales by quarter as shown below: Winter Average quarterly demand 3500 units 3800 units 4200 units 4500 units Suppose the company had 50 workers and 1.600 units in inventory at the beginning of the winter The company wishes to finish the year with an inventory of 1,000 units on hand. The average pay per worker...
Check my wa will have 400 mowers in inventory at the beginning of the month and desires to maintain at least that number at the end of each month. Assume hiring and layoff/firing, if necessary, occur at the beginning of the quarter. Below is other critical data: Production cost per unit = $230 Inventory carrying cost per month per unit = $50 (based on ending month inventory) Hiring cost per worker = $420 Firing cost per worker = $540 Beginning...
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...
A company believes that its demand for the next six months is as follows ota ont eman The output per worker per month is 100 units. The per worker hiring and lay off costs are $1,500 and $3,500, respectively. There is no beginning inventory, and the starting workforce is 135. It cost the company $25 to carry an item in inventory each month, and the stockout costs is estimated to be $25 per unit. Develop a level sales and operations...
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...
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