Question
I just need the inventory Cost Helter Industries, a company that produces a line of women's bathing suits, hires temporaries to help produce its summer
I just need the inventory Cost
Helter Industries, a company that produces a line of women's bathing suits, hires temporaries to help produce its summer product demand. For the current four-month rolling schedule, there are 12 full-time employees on staff. Temps can be hired when needed and can be used as needed on a month-by-month basis, whereas the full-time employees must be paid whether they are needed or not. Each full-time employee can produce 203 suits, while each temporary employee can produce 163 suits per month.
Demand for bathing suits for the next four months is as follows:
MAY | JUNE | JULY | AUGUST |
3,210 | 2,810 | 3,110 | 3,010 |
Beginning inventory in May is 400 complete (a complete two-piece includes both top and bottom) bathing suits. Bathing suits cost $35 to produce and carrying cost is 24 percent per year.
Develop an aggregate plan that uses the 12 full
Calculate the inventory carrying cost associated with your plan using planned end of month levels. (Round "Inventory cost" to 2 decimal places.) May July August June Forecast 3,210 2,810 3,110 .010 Beginning Inventory 400 115 67 45 Production required 2810 2695 3043 2965 Regular workforce 12 12 12 12 2436 2436 Regular production 2436 2436 Temp workforce 2 Temp production 489 326 652 652 Total production 2925 2762 3088 3088 Ending inventory 115 67 45 123 Inventory cost S $Step by Step Solution
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