Question
The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: Her operations manager is considering
The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows:
Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales is $125 per unit. Inventory holding cost is $25 per unit per month. Ignore any idle-time costs. The plan is called plan C.
Plan C: Keep a stable workforce by maintaining a constant production rate equal to the average gross requirements excluding initial inventory and allow varying inventory levels.
any idie:tme costs. The plan s caled panc. Plan C: Keep a stabie worldorce by mentaining a constant producton rate equal to the average gross requremonts exclusing intial ierrertory and alow varymg inventory keves Conduct your analyss for January Erowgh August The average monhly demund tequrbment = unts (Ender your setponse as a unote number) The total stockout cost =$ (Enter your response as a whole number.) The total inventory carrying cost =$ (Enter your response as a whole number) The total cost, excluding normal time labor costs, is = $ (Enter your response as a whole number.)
The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows:
Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales is $125 per unit. Inventory holding cost is $25 per unit per month. Ignore any idle-time costs. The plan is called plan C.
Plan C: Keep a stable workforce by maintaining a constant production rate equal to the average gross requirements excluding initial inventory and allow varying inventory levels.
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