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Refer to Solved Problem 1. Prepare two additional aggregate plans. Call the one in the solved problem plan A. For plan B, hire one more worker at a cost of $ 200. Make up any shortfall using subcontracting at $ 8 per unit, with a maximum of 20 units per period (i. e., use subcontracting to reduce back orders when the forecast exceeds regular output). Note that the ending inventory in period 9 should be zero. Therefore, Total forecast Total output Quantity subcontracted. An additional constraint is that back orders cannot exceed 80 units in any period. For plan C, assume no workers are hired (so regular output is 200 units per period instead of 210 as in plan B). Use subcontracting as needed, but no more than 20 units per period. Compute the total cost of each plan. Which plan has the lowest cost? Assume regular monthly production regular capacity.
1. is pac affected when changing from mrp to jit? explain.2. discuss the market and manufacturing requirements that
Redesign the product risk factor matrix so that the factors are appropriate for a services firm that delivers traditional tax accounting and audit services. For example, among the supply risks, assume that the company relies on individuals with sp..
A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor for $35 each or to produce them in-house. Either of two processes could be used for the in-house product..
Each original discussion post must be unique (i.e. different current events on the lesson concepts). Students should place a blank post in the discussion forum that demonstrates the lesson concept and current event in the title of the post early i..
For many waiting line situations, the arrivals occur randomly and independently of other arrivals and it has been found that a good description of the arrival pattern is provided by. A normal probability distribution.
what are some of the major costs in altering an existing supplier relationship or establishing a new one? what
A hospital-billing auditor has been examining patient bills. Although almost all bills contain some errors, the defect rate has been 16percent.
Draw a diagram of the factory also find out the maximum rate at which the market can be served if all valves are set to maximum. Illustrate what happens to the system over time.
Evaluate the business-level strategy of Victory Motorcycles to determine whether you believe the strategy is appropriate to offset forces in the industry.
Which of the following location decision method is able to take factors such as political stability and currency risks into account?
What is a hypothesis test? Why do we need to use them to make decisions about relating sample results to the population; why can't we just make our decisions by the sample value?
Describe a recent example of trade restriction which was placed by a given country. Discuss the motive of the trade restriction and whether the trade restriction is effective in fulfilling the motive.
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