Homework Answers
| Month | Demand | Production | Hire(Units) | Layoff(Units) | Ending Inventory | Stockouts(Units) | |
| 1 | July | 1200 | 1300 | 0 | 0 | 100 | 0 |
| 2 | August | 1300 | 1200 | 0 | 100 | 0 | 0 |
| 3 | September | 1200 | 1300 | 100 | 0 | 100 | 0 |
| 4 | October | 1700 | 1200 | 0 | 100 | 0 | 400 |
| 5 | November | 1650 | 1700 | 500 | 0 | 50 | 0 |
| 6 | December | 1650 | 1650 | 0 | 350 | 50 | 0 |
| 600 | 550 | 300 | 400 |
Total hiring cost = 600 units * $30 = $18000
The total layoff cost = 550 units *$65 = $35750
The total inventory carrying cost = 300 units * $ 30 = $9000
The total stockout cost = 400 units * $125 = $50000
The total cost, excluding the normal time labour cost for plan is $112750
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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...
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a) the total cost of hiring=$ (enter your response as a whole number) b)the total cost...
a) the total cost of hiring=$ (enter your
response as a whole number)
b)the total cost of layoffs=$?(enter your response as a whole
number)
c)the total inventory carrying cost =$?(enter your response as a
whole number)
d)the total stockout cost$?(enter your response as a whole
number)
e) the total cost, excluding normal time labor cost, is =$
?(enter your response as a whole number)
The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next...
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Plan B: Vary the workforce to produce the prior month's demand. The firm produced 1,300 units in June. The cost of hiring additional workers is $35 per unit produced. The cost of layoffs is $60 per unit cut back. (Enter all responses as whole numbers.) Note: Both hiring and layoff costs are incurred in the month of the change (i.e., going from production of 1,300 in July to 1200 in August requires a layoff (and related costs) of 100 units...
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The S&OP team at Kansas Furniture, has received the
following estimates of demand requirements:
Complete the table
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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...
The president of Hill Enterprises, Terri Hil, prajects the firm's aggregate demand requirements over the next 8 months as folows 200 1,600 1,700 1,700 May January February March Apri 2,100 1,900 1,900 July ust Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales is $125 per unit. Inventory holding cost is $25 per unit per month. Ignore any idle-time costs The plan is called plan...
a) the total cost of hiring=$ (enter your
response as a whole number)
b)the total cost of layoffs=$?(enter your response as a whole
number)
c)the total inventory carrying cost =$?(enter your response as a
whole number)
d)the total stockout cost$?(enter your response as a whole
number)
e) the total cost, excluding normal time labor cost, is =$
?(enter your response as a whole number)
The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next...
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