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Parts Inc., produces cooking oil. a planner has developed an aggregate forecast for demand (in cases) for the next four months months march 1200 april 9800 may 5200 june 18000.
regular production cost: $14.75 / case
regular production capactity: 12500 cases
overtime production cost: $32.50 / case
subcontracting cost: $80/case
holding cost: $5 / case/ month
Beginning inventory: 1,000 cases
Develop an aggregate plan using a level production to compute the total cost for the plan. supplement using overtime as needed. note: backlogs are not allowed.
Chi-square tests are great to show if distributions differ or if two variables interact in producing outcomes. What are some examples of variables that you might want to check using the chi-square tests? What would these results tell you?
every morning a florist must decide how many dozens of roses to stock. roses have a shelf life f only one day but at
Suppose that the store wants to consider a stockout strategy. They estimate the cost of back ordering to be $3 per unit per year. What is the optimal policy and cost of such a strategy? Show all work and draw a diagram of this policy.
Waygate's residential internet modem works well but is sensitive to power-line fluctuations. On average, this product hangs up and needs resetting every 200 hours. On average about 45 minutes is needed to reset this product. What is this product's..
In the textbook reading for this module, the authors go into detail about the need for leaders to take risks in order for organizational change to occur. However, what is emphasized is the idea of a calculated risk
Assign tasks to work stations using the longest task time heuristics (longest operating time rule). 5. How much total idle time is present each day? 6. What is the overall efficiency of the assembly line?
Prepare an aggregate plan for the coming year, assuming that the sales forecast is perfect. The plant will run 8, 10, 9, 11 lines in the coming four quarters.
Because of the fast-paced nature of your team’s project, it has been necessary to make adjustments in “real-time” to the way work is being done. Which of the following actions is least likely to help your team make these kinds of adjustments? Encoura..
ABC Inc. sponsors the "Pioneer Trial Ultramarathon," with an advertised first price of $10,000. The rules require the competitors to run 100 miles from the floor of Blackwater Canyon to the top of the Pinnacle Mountain. The rules also provide that AB..
Describe the ultimate goal of the product campaign for the new shampoo. Discuss your methods for achieving this goal. Identify the components of marketing, pricing, and distribution for the campaign. Include in your response a discussion and analysis..
Describe today's organizational design challenges. How can an organizational design be used to meet the challenges? Identify and describe the controls that can be used before, during, and after an activity. Recall a recent group project or task in wh..
Which of the following reasons help explain why companies tend to focus on short-term performance?
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