Question
Prepare the Level Strategy Costing for the above requirements. The pay rate is $10/hour with 8 hours shift/labor/day. The time to produce a unit is
Prepare the Level Strategy Costing for the above requirements. The pay rate is $10/hour with 8 hours shift/labor/day. The time to produce a unit is 1.6 hours/unit with inventory carrying is $5 per unit/period. The hiring and firing costs are $300/unit and $600/unit respectively.
Planning Period | 1 | 2 | 3 | 4 | 5 | 6 |
Demand (Units) | 900 | 700 | 800 | 1200 | 1500 | 100 |
Days Available for Production | 22 | 18 | 21 | 21 | 22 | 20 |
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Planning Period 1 Avaliable day 22 and Demand 900 Hence we need 90022 45 unit perday 1 labor in 8 hours shift in 1 day can prepare 816 5 unit Hence we ...Get Instant Access to Expert-Tailored Solutions
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Principles of Economics
Authors: Fred M. Gottheil
7th edition
978-1133962069, 9781285064444, 1133962068, 1285064445, 978-1285064437
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