1. Q1a-1 what is the total cost due to changes in # of workers?

   		$18000
   		$6000
   		$24000
   		$12000

1 points

QUESTION 2

1. Q1a-2 What is the total cost of this plan?

   		$420190
   		$597840
   		$549310
   		$629380

1 points

QUESTION 3

1. Q1b-1 What is the balance of month 4?

   		1200
   		1700
   		1600
   		1500

1 points

QUESTION 4

1. Q1b-2 What is the total cost of this plan?

   		$597280
   		$638640
   		$724860
   		$521480

1 points

QUESTION 5

1. Q1c-1 What is the balance of month 4?

   		1520
   		1500
   		1505
   		1480

1 points

QUESTION 6

1. Q1c-2 What is the total number of workers employed in month 4?

   		58
   		61
   		60
   		59

1 points

QUESTION 7

1. Q1c-3 What is the total cost of this plan?

   		$684287
   		598082
   		712895
   		$636796

Q1 Mike Blanford, master scheduler at General Avionics, has the following demand forecast for one line in his factory: Month #of days Unit Sales 25 25 24 6000 10000 8000 7200 2 At the beginning of Month 1, there are 1,000 units in inventory. The firm has prepared the fol- lowing data: Hiring cost per employee $200 Firing cost per employee- $400 Beginning workforce-60 employees Inventory carrying cost $2 per unit per quarter of ending inventory Stockout cost $5 per unit Regular payroll- $12 per hour; 8 hours a day Overtime cost $20 per hour Each employee can produce, on average, 1.6 hours per unit. Come up with the production plans that meet the stated conditions and the overall costs for each plan Mike produces exactly enough to meet demand each month, with no inventories at the end of each month and no overtime Mike produces enough to meet demand each month with exactly an extra 5 days of supply Employees are all full-time and receive full salary. Loss of capacity is allowed. Note that there are two ways of considering an extra 5 days of supply for each month (i) Beginning inventory 5 days of inventory of that month. (This is what you see in Figure 4.6 example) (ii) Balance 5 days of inventory of that month. (This is a more widely adopted approach) Use method (ii) to complete your production plan a. b. C. Similar to b, Mike produces enough to meet demand each month with at least an extra 5 days of inventory supply. This time, employees are all full-time, receive full salary, and will produce at their full capacity (i.e., loss of capacity is not allowed). Again, use method (ii) to complete your production plan Hint: The answer of c is extremely similar to that of b Q1 Mike Blanford, master scheduler at General Avionics, has the following demand forecast for one line in his factory: Month #of days Unit Sales 25 25 24 6000 10000 8000 7200 2 At the beginning of Month 1, there are 1,000 units in inventory. The firm has prepared the fol- lowing data: Hiring cost per employee $200 Firing cost per employee- $400 Beginning workforce-60 employees Inventory carrying cost $2 per unit per quarter of ending inventory Stockout cost $5 per unit Regular payroll- $12 per hour; 8 hours a day Overtime cost $20 per hour Each employee can produce, on average, 1.6 hours per unit. Come up with the production plans that meet the stated conditions and the overall costs for each plan Mike produces exactly enough to meet demand each month, with no inventories at the end of each month and no overtime Mike produces enough to meet demand each month with exactly an extra 5 days of supply Employees are all full-time and receive full salary. Loss of capacity is allowed. Note that there are two ways of considering an extra 5 days of supply for each month (i) Beginning inventory 5 days of inventory of that month. (This is what you see in Figure 4.6 example) (ii) Balance 5 days of inventory of that month. (This is a more widely adopted approach) Use method (ii) to complete your production plan a. b. C. Similar to b, Mike produces enough to meet demand each month with at least an extra 5 days of inventory supply. This time, employees are all full-time, receive full salary, and will produce at their full capacity (i.e., loss of capacity is not allowed). Again, use method (ii) to complete your production plan Hint: The answer of c is extremely similar to that of b