Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Incorrect Question 1 Orange Inc. is a manufacturer of computer keyboards. Requirements over a typical six - month period are as follows: ( Questions 1

Incorrect Question 1 Orange Inc. is a manufacturer of computer keyboards. Requirements over a typical six-month period are as follows: (Questions 1,2,3) Month January February March April May Lure Forecasted Demand 200300400200300300 Cost and other Information Production rate Inventory holding cost Back orcherin Wages Hiring cost Lay off cost Beginning Number of Jemployees 52/unit $1000/Worker 1004 in the $1/unit/month 5400/Worker 5250 W month Temployee month beginning otury If a Chase strategy is applied, what is the total cost of the production plan, including the cost of regular wages, hiring and layoffs? Use the following Table as a reference to calculate the total cost for this plan. Month January February March April May June Forecasted Demand 2003001400300300300 Produce Number of Employees Needed Number of employees Jhired Number of employees laid off 22.00019.55021,20020,20018,6501.250Incorrect Question 3 Orange Inc. is a manufacturer of computer keyboards Requirements over a typical six-month period are as follows: (Questions 1.2.3) Month January February March April May June Forecasted Demand 200300400300300300 Cost and other information Production rate Inventory holding cost Back Jardering We coat Hiring cost Lay of cost Beginning Number of employees S2/unit/S1000/ wer $1/unit/month 10/14 in the S400/worker 15250 worker beginning month of January month employee If a level strategy is applied, what is the total cost of the production plan, including the cost of regular wages, hiring and layoffs, inventory holding and back ordering? Month January February March April May June Forecasted Demand 200300400300300300 Produce Beginning inventory Ending Inventory Number of Employees Needed Number of employees hired Number of employees laid off 18,25021.20058,45021.0058,65020,200Incorrect Question 40/10 pts Thomas Surfson, the manager of a Wilmington based surf boards manufacturing Company has developed monthly forecasts for a family of surf boards. Data for the 6-month period January to June are presented in the following Tables. He needs to develop an aggregate production plan. (Questions 4,5,6,71 Month January February March April May June Expected Demand 1900170080012000150011100 Production Days 2020202012020 Production per day 505050505050 Cost and other information Inventory Subcontracting Average Average Overtime holding cost cost Pay rate Labor hours to produce one unit Hiring cost Layoff cost pay rate $1/unit/month $20 per unit $10/hour $17/hour 1.6 hours/ unit $300/person $400/person One possible plan is to maintain a constant work force throughout the month period, 10 employees. Each employee can produce 5 units in one day 18 hours). Use the following Table as a reference to calculate the total cost for this plan (maintain a constant work force throughout the month period. Level Strategy Month January February IMarch April May June Expected Demand 190017008001000150011100 Produce Beginning Inventory Ending Inventory Total Inventory Holding Cost is 9,0008.3002.0001.700 INDOIncorrect Question 50/10 pts Thomas Surtson, the manager of a Wilmington based surf boards manufacturing Company has developed monthly forecasts for a family of surf boards. Data for the 6-month period January to June are presented in the following Tables. He needs to develop an aggregate production plan Month January February March April May June Expected Demand 9007001800100015001100 Production Days 202012012020120 Production per day 15015050505050 Cost and other Information Inventory holding cost Subcontracting cost Average Overtime Pay rate pay rate Labor hours to Iproduce one Junit Hiring cost Layoff cost $1/unit/month $20 per unit $10/hour $17/hour 1.6 hours/ unit $300/person 5400/person $ One possible plan is to maintain a constant work force throughout the 6 month period, 10 employees. Each employee can produce 5 units in one day 18 hours). Use the following Table as a reference to calculate the total cost for this plan (maintain a constant work force throughout the 6 month period).(Level Strategy Month January February IMarch April May June Expected Demand 9001700800100015001100 Produce Beginning Inventory Ending Inventory Total Regular time labor costis 10,0005,00096,00017,00094,000Incorrect Question 70/10 pts Thomas Surtson, the manager of a Wilmington based surf boards manufacturing Company has developed monthly forecasts for a family of surf boards. Data for the 6-month period January to June are presented in the following Tables. He needs to develop an aggregate production plan. Month January February March April May June Expected Demand 1900700 BOO 100015001100 Production Days 12020120120120120 Production per day 150150150150150 SO Cost and other Information Inventory holding cost Subcontracting Average overtime cost Pay rate pay rate Labor hours to produce one unit Hiring cost Layoff cost $1/unit/month $20 per unit $10/hour $17/hour 1.6 hours/ unit $300/person 5.000/person Another possible plan is to produce exactly what the demand is (Chase Strategy) by hiring and layoffs as needed. Each employee can produce 5 units in one day (8 hours). They have 10 employees in the beginning of January Use the following Table as a reference to calculate the total cost for this plan Month January February March April May Pune Expected Demand 1900700800100015001100 Produce Production Days 2020202020120 Number of Employees Needed Number of employees Jhired Number of employees laid off Total lay off cost is 4.20060010003,6001,200Incorrect Question 9 Planners for a company that makes several models of skateboards are getting ready to prepare the aggregate production plan for the next six months. They have collected the following information based on input from several sources, Month January February March April May June Forecasted 300 Demand 3001400500500400 Cost and other information Inventory holding cost Back ordering cost Regular time cost Production rate $1/unit/month $5/unit/month $2/unit 400/month with regular time They now want to evaluate a plan that calls for a steady rate of regular time output, mainly using inventary to absorb demand but allowing back orders if necessary. Over time and subcontracting are not allowed. (Level Strategy. Use the following Table as a reference to calculate the total cost for this plan Month January February March April May June Forecasted Demand 3003004001500500400 Produce Beginning Inventory Ending Inventory Total back ordering cost is 400500 D 60G 100

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Step: 3

blur-text-image

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

Decision Support And Business Intelligence Systems

Authors: David King, Ting Peng Liang

9th Edition

013610729X, 9780136107293

More Books

Students also viewed these General Management questions