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Subcontracting can handle a maximum of 10 units per month. Beginning inventory is zero. Develop a plan that minimizes total cost. No back orders are
Subcontracting can handle a maximum of 10 units per month. Beginning inventory is zero. Develop a plan that minimizes total cost. No back orders are allowed.
LAST YEAR | NOW | |
Units produced | 1,000 | 1,000 |
Labor (hours) | 300 | 275 |
Resin (pounds) | 50 | 45 |
Capital invested ($) | 10,000 | 11,000 |
Energy | 3,000 | 2,850 |
Show the productivity change for each category and then determine the improvement for labor-hour, the typical standard for comparison.
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