Answered step by step
Verified Expert Solution
Question
1 Approved Answer
SKC Engineering Sdn Bhd manufacturer of roofing supplies has developed monthly forecasts for an important producer and presented the 6 - month period January to
SKC Engineering Sdn Bhd manufacturer of roofing supplies has developed monthly forecasts for an important producer and presented the month period January to June in table below.
Month Expected demand Units Production days Units Demand per day days
Jan
Feb
March
April
May
June
Total
Average requirement units per day
Other Cost Information:
Info Total RM
Inventory carrying cost RM per unit per month
Subcontracting cost per unit RM per unit
Average pay rate RM per hour RM per day
Overtime pay rate RM per hour above hrs per day
Laborhours to produce a unit hours per unit
Cost of increasing production rate hiring RM per unit
Cost of decreasing production rate layoffs RM per unit
a Analysis of Plan : constant workforce of workers
b Analysis of Plan : Hiring and layoffs to meeting demand
c Recommend your answer to top management of SKC Engineering Sdn Bhd
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