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PP.51A small manufacturer of specialty welding equipment has developed a chase production plan for the next four quarters, as seen below: Supply/Demand Info Pre-Q1 Q1

PP.51A small manufacturer of specialty welding equipment has developed a chase production plan for the next four quarters, as seen below:

Supply/Demand Info Pre-Q1 Q1 Q2 Q3 Q4
Forecast (demand) 4,200 4,680 4,560 4,080
Regular production 4,200 4,680 4,560 4,080
Subcontract production
Ending inventory
Hired employees 5 4
Fired employees 1 4
Total employees 30 35 39 38 34

The table below shows additional relevant information:

CapacityInformation & Cost Variables
Production rate (units/employee/quarter) 120
Subcontractor capacity (units/quarter) 480
Regular production cost/unit $77
Holding cost/unit/quarter $10
Hiring cost/employee $1,040
Firing cost/employee $2,250
Subcontract cost/unit $130

What is the overall total cost for this production plan? (Displayyour answer to the nearest whole number.) What is the total regular productioncost for this production plan? (Displayyour answer to the nearest whole number.) What is the total holdingcost for this production plan? (Displayyour answer to the nearest whole number.) What is the total hirecost for this production plan? (Displayyour answer to the nearest whole number.) What is the total firecost for this production plan? (Displayyour answer to the nearest whole number.)

PP.52A manufacturer of solid state drives (SSDs) has projected the next six months of demand to be as shown the table below:

Supply/Demand Info Beginning Jan Feb Mar Apr May Jun
Forecast (demand) 61,000 46,200 45,600 64,000 61,200 48,200
Regular production
Overtime production
Subcontract production
Ending inventory 6,800
Hired employees
Fired employees
Total employees 190

Cost variables are as follows:

Cost Variables
Labor cost/hour $19
Overtime cost/unit $37
Subcontracting cost/unit $35
Holding cost/unit/month $9
Hiring cost/employee $3,700
Firing cost/employee $4,600

Here is someadditional relevant (capacity) information:

Capacity Information
Total labor hours/SSD 4
Regular production units/employee/month 200
Max regular production/month 57,800
Max overtime production/month 3,200
Max subcontractor production/month 4,800

Assuming the companyuses regular production first, then ONLY overtime and/or subcontract production, answer the following questions: What is the regular production cost(over the six months from January through June) for a CHASE production plan? (Displayyour answer to the nearest whole number.) What is the total overtime productioncost for this production plan? (Displayyour answer to the nearest whole number.) What is the total subcontractcost for this production plan? (Displayyour answer to the nearest whole number.) What is the total holdingcost for this production plan? (Displayyour answer to the nearest whole number.) What is the total hirecost for this production plan? (Displayyour answer to the nearest whole number.) What is the total firecost for this production plan? (Displayyour answer to the nearest whole number.) What is the total cost(sum of all costs) for this production plan? (Displayyour answer to the nearest whole number.)

PP.61A small manufacturer of specialty welding equipment has developed a levelproduction plan for the next four quarters. Note, however, that this plan is incomplete and requires that you first compute the ending inventory for each quarter (and assume there is no Pre-Q1 ending inventory) before you answer the questions below.

Supply/Demand Info Pre-Q1 Q1 Q2 Q3 Q4
Forecast (demand) 3,840 3,840 5,760 4,800
Regular production 4,560 4,560 4,560 4,560
Subcontract production
Ending inventory
Hired employees 11
Fired employees
Total employees 27 38 38 38 38

The table below shows additional relevant information:

CapacityInformation & Cost Variables
Production rate (units/employee/quarter) 120
Subcontractor capacity (units/quarter) 450
Regular production cost/unit $80
Holding cost/unit/quarter $12
Hiring cost/employee $740
Firing cost/employee $2,600
Subcontract cost/unit $115

What is the overall total cost for this production plan? (Displayyour answer to the nearest whole number.) What is the total regular productioncost for this production plan? (Displayyour answer to the nearest whole number.) What is the total holdingcost for this production plan? (Displayyour answer to the nearest whole number.) What is the total hirecost for this production plan? (Displayyour answer to the nearest whole number.) What is the total firecost for this production plan? (Displayyour answer to the nearest whole number.)

PP.63 Jupiter, a large candy company, is having great success with its "Swan" family of candy bars. Due to a number of factors they like to plan their production at least six months into the future. The table below contains their demand projections (in tons) for April through September:

Supply/Demand Info Beginning Apr May Jun Jul Aug Sep
Predicted Sales 60,600 56,800 62,200 50,400 62,100 60,400
Regular production
Overtime production
Subcontract production
Ending inventory 8,700
Hired employees
Fired employees
Total employees 564

Cost variables are as follows:

Cost Variables
Labor cost/hour $14
Overtime cost/ton $39
Subcontracting cost/ton $34
Holding cost/ton/month $8
Hiring cost/employee $3,000
Firing cost/employee $5,400

Here is someadditional relevant (capacity) information:

Capacity Information
Total labor hours/ton 3
Regular production tons/employee/month 100
Max regular production (tons/month) 60,100
Max overtime production (tons/month) 4,700
Max subcontractor production (tons/month) 5,100

Given the above information (and don't overlook beginning number of employees and inventory levels in the first table), create a LEVEL production plan with only the use of regular production and no inventory left over at the end of the six-month period. What is the regular production cost(over the six months from April through September) for a levelproduction plan? (Displayyour answer to the nearest whole number.) What is the total overtime productioncost for this production plan? (Displayyour answer to the nearest whole number.) What is the total subcontractcost for this production plan? (Displayyour answer to the nearest whole number.) What is the total holdingcost for this production plan? (Displayyour answer to the nearest whole number.) What is the total hirecost for this production plan? (Display answer to the nearest whole number.) What is the total firecost for this production plan? (Displayanswer to the nearest whole number.) What is the total cost(sum of all costs) for this production plan? (Displayyour answer to the nearest whole number.) PP.71A small manufacturer of specialty welding equipment has developed a combinationproduction plan for the next four quarters, as seen below:

Supply/Demand Info Pre-Q1 Q1 Q2 Q3 Q4
Forecast (demand) 3,910 4,600 4,830 4,830
Regular production 3,910 4,600 4,600 4,600
Subcontract production 230 230
Ending inventory 230 230
Hired employees 3 6
Fired employees
Total employees 31 34 40 40 40

The table below shows additional relevant information:

CapacityInformation & Cost Variables
Production rate (units/employee/quarter) 115
Subcontractor capacity (units/quarter) 490
Regular production cost/unit $74
Holding cost/unit/quarter $11
Hiring cost/employee $800
Firing cost/employee $2,850
Subcontract cost/unit $119

What is the overall total cost for this production plan? (Displayyour answer to the nearest whole number.) What is the total subcontract cost for this production plan? (Displayyour answer to the nearest whole number.) What is the total holdingcost for this production plan? (Displayyour answer to the nearest whole number.) What is the total hirecost for this production plan? (Displayyour answer to the nearest whole number.) What is the total firecost for this production plan? (Displayyour answer to the nearest whole number.)

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