Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer a-e It is December 31st and rather than going out to a New Year's Eve party, Kora is planning for the first half

please answer a-e image text in transcribed
It is December 31st and rather than going out to a New Year's Eve party, Kora is planning for the first half of the upcoming year for her t-shirt manufacturing business. She has calculated the monthly demand, production capacity and costs from multiple sources, and noted that she has 150 cases of shirts on hand Month Demand Jan. Feb. 2,500 2.300 March 2,800 Apr 2,350 May 2,450 June 2.100 In each month she can produce up to 2,000 cases at regular time at a cost of $30 perc, am capacity of 400 via Overtime at $45 percase, and 200 per month through a subcontractor that charges $70 per case. Since the demand consists of orders for special events, customers must receive the shirts on time, and backlogging is not allowed. Cases can be stored at the cost of $5.50 per case per month. a. What is the total cost of the optimal solution? Select b. In total, how much unused regular time capacity does Kora have for the 6-month period? Select C. In total, how much unused overtime capacity exists in this plan for the 6-month period Select d. In total, how much unused subcontractor capacity exists in this plan for the 6-month period? Select e. How many units needed to be held into the 3rd period to meet demand, and what was the holding cost impact Select

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

Financial Accounting Group

Authors: Ilse Lubbe, Shelley Herbert, Goolam Modack

1st Edition

0195998634, 9780195998634

More Books

Students also viewed these Accounting questions

Question

Why was the PSA Standard Default curve introduced? AppendixLO1

Answered: 1 week ago