Question
The demand for Bioway Inc. follows an up and down pattern. The quarterly demand is forecasted as below for this company: Quarter Demand forecast 1
The demand for Bioway Inc. follows an up and down pattern. The quarterly demand is forecasted as below for this company:
Quarter | Demand forecast |
1 | 70,000 |
2 | 100,000 |
3 | 50,000 |
4 | 150,000 |
The companys accounting department has done extensive research and found the following information: Beginning workforce = 40 workers
Production per employee = 1,250 units per quarter
Hiring cost = $489 per worker
Firing cost = $500 per worker
Inventory carrying cost = $1.6 per unit per quarter
Regular production cost = $10 per unit
The company also mandates a 40 hour work week with no overtime or subcontracting. At the end of each year, the company would like to zero out their inventory (i.e., have zero ending inventory).
Given the above information, what is the cost of Level strategy? Provide your answers as a number without units or commas. For example, if the answer is $2,450,000 then input 2450000.
Answer:
What is the cost of Chase strategy? Please provide your answers without commas or units. For example, if the answer is $2,450,000 then input 2450000.
Answer:
Please be right past few weren't
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