Question
Question 9. Consider the information. Quarterly Demand = 4200, 3200, 4600, 3400, for quarters 1,2,3,4, respectively. Production Standard = 250 items/quarter Unit Hiring Cost =
Question 9. Consider the information.
Quarterly Demand = 4200, 3200, 4600, 3400, for quarters 1,2,3,4, respectively. Production Standard = 250 items/quarter Unit Hiring Cost = $250/FTE Unit Firing Cost = $350/FTE Unit Carrying Cost = $4/item/quarter |
With a beginning annual inventory of 800 and an ending annual inventory of 860, then which production plan represents a mixed strategy that satisfies all the requirements?
(Note: Satisfying all requirements implies not level, not chase, no negative inventory, and meeting ending inventory objective).
Select One Answer | Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 |
Production Plan A | 3390 | 4020 | 4630 | 3420 |
Production Plan B | 3865 | 3865 | 3865 | 3865 |
Production Plan C | 3880 | 3880 | 3820 | 3820 |
Production Plan D | 4215 | 3215 | 4615 | 3415 |
Production Plan E | 3875 | 3885 | 3875 | 3825 |
F | None of the above |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started