Question
Acme wishes to understand the costs associated to the aggregate level strategy. They have provided the following information concerning their costs and productivity: Number employees
Acme wishes to understand the costs associated to the aggregate level strategy.
They have provided the following information concerning their costs and productivity:
Number employees = 15
Number skateboards per employee-period = 20
Regular time = $3 per skateboard
Overtime = $3.00 per skateboard
Contract = $6.00 per skateboard
Inventory = $ 2.73 per skateboard per period on average inventory
Backorder = $6 per skateboard per period
Period | 1 | 2 | 3 | 4 | 5 | 6 |
Forecast | 200 | 200 | 300 | 400 | 500 | 212 |
Cost | ||||||
Output Reg | 300 | 300 | 300 | 300 | 300 | 300 |
Output Over | 0 | 0 | 0 | 0 | 0 | |
Output Contract | 0 | 0 | 0 | 0 | 0 | |
Output to Forecast | 100 | 100 | 0 | -100 | -200 | |
Beginning Inv. | 0 | 100 | 200 | 200 | 100 | |
Ending Inv. | 100 | 200 | 200 | 100 | 0 | |
Avg. Inv. | 50 | 150 | 200 | 150 | 50 | |
Backorders | 0 | 0 | 0 | 0 | 100 |
Calculate any missing information for the periods (i.e. period 6) and enter the total cost to two decimal places.
2- Consider level-strategyaggregate planningsituation for Acme phones. Acme produced 10,336 phones last year with 26 workers.
The quarterly demand forecast for the current year is:
Q1: 3,123
Q2:3,019
Q3: 2,989
Q4: 2,934
Using a level workforce approach,how many persons are required for first quarter?
3-
A credit card company offers a corporatecredit line of $1,253 and charges an annual percentage rate of 0.12 compounded 10 times per year. What is the effective interest rate given the compounding of interest?
4-
Consider the time-series data of sales for ten weeks. The data represents that a linear trend forecast may be sufficient. What is the slope of the data?
Week | Unit Sales |
1 | 700 |
2 | 724 |
3 | 720 |
4 | 728 |
5 | 740 |
6 | 742 |
7 | 758 |
8 | 750 |
9 | 770 |
10 | 824 |
5-
Consider the following information concerning customer locations. Our company is interested in finding a 'best case' facilities location based on the following data. What is the mean x coordinate from the recommended (x,y) coordinate system?
X | Y | Volume | |
Cust 1 | 4 | 5 | 300 |
Cust 2 | 8 | 10 | 400 |
Cust 3 | 12 | 12 | 500 |
Cust 4 | 3 | 15 | 200 |
Cust 5 | 1 | 7 | 300 |
Cust 6 | 1 | 3 | 500 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started