Question
What is the regular production cost (over the six months from January through June) for this optimized production plan? (Display your answer to the nearest
What is the regular production cost (over the six months from January through June) for this optimized production plan? (Display your answer to the nearest whole number.)
What is the total overtime production cost for this production plan? (Display your answer to the nearestwhole number.)
What is the total subcontract cost for this production plan? (Display your answer to the nearest whole number.)
What is the total holding cost for this production plan? (Display your answer to the nearest whole number.)
What is the total hire cost for this production plan? (Display your answer to the nearest whole number.)
What is the total fire cost for this production plan? (Display your answer to the nearest whole number.)
What is the total cost (sum of all costs) for this production plan? (Display your answer to the nearestwhole number.)
PP.72 A manufacturer of solid state drives (SSDS) has projected the next six months of demand to be as shown the table below: Supply/Demand Info Beginning Jan Forecast (demand) Regular production Overtime production Subcontract production Ending inventory Hired employees Fired employees Total employees Feb Mar Apr May Jun 48,000 52,000 60,000 54,000 58.000 64,000 6,000 200 Cost variables as as follows: Cost Variables Labor cost/hour $14 $32 $29 $8 $2,500 $4,200 Overtime cost/unit Subcontracting cost/unit Holding cost/unit/month Hiring cost/employee Firing cost/employee Here is some additional relevant (capacity) information: Capacity Information Total labor hours/SSD Regular production units/employee/month 200 Max regular production/month Max overtime production/month Max subcontractor production/month 2 56,000 4,000 5,000
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