Ram Roys Firm
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Period Regular Time Overtime Subcontract Demand Forecast 1 2 3 Initial inventory units Regular-time cost per unit $ Overtime cost per unit $ Subcontract cost per unit $ Carrying cost per unit per month $ Assume that the initial inventory has no holding cost in the first period and backorders are not permitted. Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is $ (enter your response as a whole number).
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Ram Roy's firm has developed the following supply, demand,cost, and inventory data.
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply AvailablePeriodRegular TimeOvertimeSubcontractDemand Forecast130151040230151050330151045Initial inventory20unitsRegular-time cost per unit$100Overtime cost per unit$150Subcontract cost per unit$250Carrying cost per unit per month$4Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is ____(enter your response as a whole number).
Ram Roy's firm has developed the following supply, demand, cost, and inventory data Supply Available Regular...
Ram Roy's firm has developed the following supply, demand, cost, and inventory data Supply Available Regular Time 30 30 40 Demand Period Overtime Subcontract Forecast 15 15 20 40 45 60 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 20 units $100 $150 $200 $6 Assume that the initial inventory has no holding cost in the first period and backorders are not permitted Allocating production capacity to meet...
Ram Roy's firm has developed the following supply, demand,cost, and inventory data
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply AvailablePeriodRegular TimeOvertimeSubcontractDemand Forecast140155402301556034015555Initial inventory20unitsRegular-time cost per unit$100Overtime cost per unit$160Subcontract cost per unit$250Carrying cost per unit per month$4Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is$nothing(enter your response as a whole number).
Ram Roy’s firm has developed the following supply, demand, cost, and inventory data.
Ram Roy’s firm has developed the following supply, demand, cost, and inventory data. Allocate production capacity to meet demand at a minimum cost using the transportation method. What is the cost? Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.Initial Inventory 20 UnitsRegular Time cost per unit $100Overtime cost per unit $160Sub contract cost per unit $250Carrying cost per unit per month $6Supply TablePeriodRegular TimeOvertimeSubcontractDemand Forecast130155402301554534015555
An electronics manufacturer makes video security systems for parking lots. The "Clear-Shot" is a system that pr...
An electronics manufacturer makes video security systems for parking lots. The "Clear-Shot" is a system that provides 3-D graphic images of the parking lot. Operations manager of the company obtained forecasted demand for "Clear-Shot" and available capacity (in units) they have (shown below) to develope a four-month aggregate plan for manufaturing. Capacity & Demand Month 2 Month 1 Month 3 Month 4 Regular time Overtime 225 300 275 300 15 28 24 26 18 Subcontract 12 17 15 240 316...
Jerusalem Medical Ltd., an Israeli producer of portable kidney dialysis units and other medical products, develops...
Jerusalem Medical Ltd., an Israeli producer of portable kidney dialysis units and other medical products, develops a 4-month aggregate plan. Demand and capacity (in units) are forecast as follows: Month 1 Month 2 Month 3 Month 4 Capacity Source Labor 275 28 15 318 300 26 13 331 300 28 15 305 Regular time Overtime 225 15 Subcontract Demand 240 The cost of producingeach dialysis unit is $875 on regular time, $1,310 on overtime, and $1,600 on a subcontract. Inventory...
Jose Martinez of El Paso has developed a polished stainless steel tortilla machine that makes it...
Jose Martinez of El Paso has developed a polished stainless
steel tortilla machine that makes it a "showpiece" for display in
Mexican restaurants. His forecast of capacity and demand
follows:
Assume that back-orders are not permitted.
Using the transportation method, the total cost of the optimal
plan is $_______. (enter your response as a
whole number).
Month 2 150 140 130 220 230 Demand Capacity Regular time Overtime 140 140 150 10 150 10 30 20 Subcontracting: 100 units available...
Given the projected demands for the next six months, prepare an aggregate plan that uses inventor...
Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time, overtime, subcontract and backorders. Regular time is limited to 150 units per month (Cost per Unit = $30 ). Overtime is limited to a maximum of 20 units per month (Cost per Unit -S45). Units purchased from the subcontractor (Cost per Unit = $54 ) cannot exceed 60 per month and the total purchases from the subcontractor over the 6 month period...
A manager has projected demand for the next six months (below). Given this information, prepare a...
A manager has projected demand for the next six months (below). Given this information, prepare a LEVEL aggregate plan for production. Assume maximum regular time production is 350 units per month. Overtime is limited to 75 units per month. The limit for subcontracting is 400 per month. The company has a zero beginning inventory and cannot have ending inventory or a backlog at the end of the 6th period. Unit costs are as noted below. Regular Time Cost: $10/unit Overtime...
Plan production for a four-month period: February through May. For February and March, you should produce...
Plan production for a four-month period: February through May. For February and March, you should produce to exact demand forecast. For April and May, you should use overtime and inventory with a stable workforce; stable means that the number of workers needed for March will be held constant through May. However, government constraints put a maximum of 5,000 hours of overtime labor per month in April and May (zero overtime in February and March). If demand exceeds supply, then backorders...
Ram Roy's firm has developed the following supply, demand, cost, and inventory data Supply Available Regular Time 30 30 40 Demand Period Overtime Subcontract Forecast 15 15 20 40 45 60 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 20 units $100 $150 $200 $6 Assume that the initial inventory has no holding cost in the first period and backorders are not permitted Allocating production capacity to meet...
An electronics manufacturer makes video security systems for parking lots. The "Clear-Shot" is a system that provides 3-D graphic images of the parking lot. Operations manager of the company obtained forecasted demand for "Clear-Shot" and available capacity (in units) they have (shown below) to develope a four-month aggregate plan for manufaturing. Capacity & Demand Month 2 Month 1 Month 3 Month 4 Regular time Overtime 225 300 275 300 15 28 24 26 18 Subcontract 12 17 15 240 316...
Jerusalem Medical Ltd., an Israeli producer of portable kidney dialysis units and other medical products, develops a 4-month aggregate plan. Demand and capacity (in units) are forecast as follows: Month 1 Month 2 Month 3 Month 4 Capacity Source Labor 275 28 15 318 300 26 13 331 300 28 15 305 Regular time Overtime 225 15 Subcontract Demand 240 The cost of producingeach dialysis unit is $875 on regular time, $1,310 on overtime, and $1,600 on a subcontract. Inventory...
Jose Martinez of El Paso has developed a polished stainless
steel tortilla machine that makes it a "showpiece" for display in
Mexican restaurants. His forecast of capacity and demand
follows:
Assume that back-orders are not permitted.
Using the transportation method, the total cost of the optimal
plan is $_______. (enter your response as a
whole number).
Month 2 150 140 130 220 230 Demand Capacity Regular time Overtime 140 140 150 10 150 10 30 20 Subcontracting: 100 units available...
Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time, overtime, subcontract and backorders. Regular time is limited to 150 units per month (Cost per Unit = $30 ). Overtime is limited to a maximum of 20 units per month (Cost per Unit -S45). Units purchased from the subcontractor (Cost per Unit = $54 ) cannot exceed 60 per month and the total purchases from the subcontractor over the 6 month period...
A manager has projected demand for the next six months (below). Given this information, prepare a LEVEL aggregate plan for production. Assume maximum regular time production is 350 units per month. Overtime is limited to 75 units per month. The limit for subcontracting is 400 per month. The company has a zero beginning inventory and cannot have ending inventory or a backlog at the end of the 6th period. Unit costs are as noted below. Regular Time Cost: $10/unit Overtime...
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