Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider the following Aggregate Planning problem. a. What is the production rate per worker per day? b. What is the production rate per worker per

Consider the following Aggregate Planning problem.

a. What is the production rate per worker per day?

b. What is the production rate per worker per Month?

c. What is the wage rate per worker per Month?

d. What is the cost of production per unit produced using overtime?

e. For the given data, develop a complete ?Chase? plan for the six Months and the corresponding cost for this problem. (Roundup number of workers needed each Month)

f. For a level plan, what is the net total required production for the six Months?

g. What is the required production rate per Month? (round to 2 decimal places)

h. How many workers will be needed for this production rate found in (g) above? ? (round to 2 decimal places)

i. Develop a complete ?Level? plan for the six Months and the corresponding cost for this problem.

Cost data Wage/hour OT pay rate Subcontracting rate/unit Carrying cost/unit/Month Hiring cost/unit Firing cost/unit Other data Std. hours Hours/day OT Limit 200 8 20% $15.00 $22.50 $60.00 $5.00 $250.00 $300.00 Demand forecast Month 1 2 3 4 56 6 Demand 4800 5000 6000 5800 5700 5500 Initial condition Production rate/day Current inventory Safety stock Days/month 220 200 50 2222220 24

Step by Step Solution

3.43 Rating (153 Votes )

There are 3 Steps involved in it

Step: 1

a Production rate per worker 82 4 b Production rate per worker per month 420 80 ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operations And Supply Chain Management

Authors: F. Robert Jacobs, Richard Chase

14th Edition

978-0077824921, 78024021, 9780077823344, 007782492X, 77823346, 978-0078024023

More Books

Students also viewed these Accounting questions

Question

How many funds will be used by a state or local government?

Answered: 1 week ago

Question

a distribution to stockholders in the form of cash is called a

Answered: 1 week ago