Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Purchasing and Supply Management Assignment #4 Hershey Chocolate Company You are responsible for managing the supply of cacao beans for Hershey's Chocolate Company. Your assignment

image text in transcribed
Purchasing and Supply Management Assignment #4 Hershey Chocolate Company You are responsible for managing the supply of cacao beans for Hershey's Chocolate Company. Your assignment is to determine how many pounds of cacao beans are needed for 30 production days. Our manufacturing operation runs 8760 hours per year. Givens: - It takes 2 pounds of cacao beans to produce 1 pound of chocolate. - 2% of beans are wasted during production. - Production schedule for next 30 days: 12,000,000 plain Hershey bars, each weighing 1.75 ounces. Bars contain 80% chocolate from beans. The other 20% is from milk, sugar, and flavorings. - Losses within the chocolate bar manufacturing processes, from the batching of ingredients on thru delivery of finished goods candy into the warehouse =2%. Using the numbers given, calculate the pounds of cacao beans required for the production of Hershey bars for the next 30 days? nknyou must show your work

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

The Handbook Of Financial Communication And Investor Relations

Authors: Alexander V. Laskin

1st Edition

1119240786, 978-1119240785

More Books

Students also viewed these Finance questions

Question

T F Feeling sad or depressed is abnormal. (p. 249)

Answered: 1 week ago

Question

2. (1 point) Given AABC, tan A b b

Answered: 1 week ago