Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The manager of the company Quiprofarmaderm S.A. observed that during 25 working days having a workforce level of 80 people, they produced 25,000 units of

The manager of the company Quiprofarmaderm S.A. observed that during 25 working days having a workforce level of 80 people, they produced 25,000 units of their most profitable product satisfactorily. Now you want to plan the level of production and the level of the workforce for that company, you know that the cost of hiring a worker (Ch) is 1000 dollars, the cost of firing him (Cf) is 1800 dollars (includes benefits and average sale) and the cost to hold in inventory for a month is $ 5 per unit; currently the plant has 70 workers and an initial inventory of 3,000 units. The company has the following information:

Month Demand forecast Business days Security stock Desired ending inventory
1 15,000 15 300 1,500
2 16,000 18 200 1,200
3 12,800 20 100 800
4 18,900 15 300 1,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_step_2

Step: 3

blur-text-image_step3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

9. Describe the characteristics of power.

Answered: 1 week ago

Question

3. Identify and describe nine cultural value orientations.

Answered: 1 week ago