Business, 15.07.2020 01:01 josuep425

Plan production for a four-month period: February through May. For February and March. You should produce to exact demand forecast. For April and May, you should use overtime and inventory with a stable workforce: stable means that the number of workers needed for March will be held constant through May. However, government constraints put a maximum of 5.000 hours of overtime labor per month in April and May (zero overtime in February and March). If demand exceeds supply then backorders occur. There are 90 workers on January 31. You are given the following demand forecast: February. 80.000: March. 64.000: April. 100.000: May. 40.000. Productivity is four units per worker hour. eight hours per day. 20 days per month. Assume zero inventories on February 1. Costs are hiring. $45 per new worker layoff. $65 per worker laid off: inventory holding. $10 per unit-month: straight-time labor. $12 per hour overtime. $18 per hour: backorder. $24 per unit. Find the total cost of this plan.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 07:10

Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?

Answers: 1

Answer

Business, 22.06.2019 18:00

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?

Answers: 1

Answer

Business, 22.06.2019 18:10

Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?

Answers: 1

Answer

Business, 22.06.2019 21:00

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.

Answers: 1

Answer

You know the right answer?

Plan production for a four-month period: February through May. For February and March. You should pr...

Questions