Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

perform the necessary calculations for a Chase (match) production strategy. 44 A C Management Instructions Ending Inventory target for Period 5 Backorder maximum it possible

image text in transcribed
image text in transcribed
image text in transcribed
perform the necessary calculations for a Chase (match) production strategy.
44 A C Management Instructions Ending Inventory target for Period 5 Backorder maximum it possible (after the first period) Regular shift production per employee per period The company's production strategy keeps the regular shift fully utilized 25 Maximum overtime production per period if needed Use Overtime before Subcontractors 25 Maximum subcontractor production per period if needed 33 Initial inventory 2 5 Totals 1,195 240 245 235 200 275 220 220 220 220 220 1,100 Aggregate Plan 12 13 Demand 14 15 Employees 16 17 Production 18 Regular 19 Overtime Subcontractor 21 Production - Forecast 22 23 Inventory Beginning Ending Average 27 Backlog 29 Costs Regular $ 295.00 Overtime $495.00 Subcontractor $ 580.00 Hire / Layoff $ 475.00 Inventory $ 80.00 35 Backlog $ 450.00 Total Costs What is the Backlog quantity for Period 2? A/ What is the Backlog in Period 4? A/ What is the Production - Forecast value for Period 2? A/ What is the Ending Inventory quantity for Period 2? A/ What is the Ending Inventory quantity for Period 4? A/ What is the cost of Regular Production in Period 1? (whole dollars) What is the Cost of overtime Production for Period 2? (whole dollars) A/ What is the cost of Hire / Layoff in Period 1? (include two decimals) A/ What is the Total Cost of Period 2? (include two decimals) A What is the Total Regular Production Cost for all periods? (whole dollars) A/

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

Students also viewed these Finance questions