Manager T. C. Downs of Plum Engines, a producer of lawn mowers and leaf blowers, must develop
Question:
Manager T. C. Downs of Plum Engines, a producer of lawn mowers and leaf blowers, must develop an aggregate plan given the forecast for engine demand shown in the table. The department has a regular output capacity of 130 engines per month. Regular output has a cost of $ 60 per engine. The beginning inventory is zero engines. Overtime has a cost of $ 90 per engine.
.png)
a. Develop a chase plan that matches the forecast and compute the total cost of your plan. Regular production can be less than regular capacity.
b. Compare the costs to a level plan that uses inventory to absorb fluctuations. Inventory carrying cost is $ 2 per engine per month. Backlog cost is $ 90 per engine per month. There should not be a backlog in the lastmonth.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Given Regularoutput capacity is 130 units per month Regular cost per unit 60 Overtimecost per unit 90 Beginning inventory is 0 units We have the forec...View the full answer
Answered By
Odongo bath
I am an Applied Statistics Master's student and, at the same time, a Postgraduate Diploma in Education student. I hold first-class honors in BS (mathematical statistics option). I am a talented, excellent, and exceptional tutor. I handle assignments professionally and in a timely manner. I'm an experienced research writer keen on detail and instruction, and I deliver 100% quality, plagiarism-free work within the required time. I am an expert in assignments and projects in the following subjects: mathematics, statistics, communication, health care, religion and law, B.A. history, English literature, philosophy, financial analysis, business management and economics, psychology, and sociology. My papers are a guarantee of original and well-researched academic papers that are way above recommended standards and quality.
3+ Reviews
30+ Question Solved
Related Book For 
Question Posted:
