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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 100 workers on January 31. You are given the following demand forecast: February, 83,200; March, 64,000; April, 100,200; May, 40,200. Productivity is four units per worker hour, eight hours per day, 20 days per month. Assume zero inventory on February 1. Costs are hiring, $42 per new worker; layoff, $62 per worker laid off; inventory holding, $10 per unit-month; straight-time labor, $10 per hour; overtime, $15 per hour; backorder, $20 per unit. Find the total cost of this plan. (Negative values should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Round your answers to the nearest whole number.)
Research management's role in the technology on mobile devices and the benefits of it that support the organization's quality initiatives. In a health care setting, organization or hospital.
Step 1 Research marketing planning and create a planning strategy. Imagine that you are a Chief Marketing Officer (CMO) tasked with preparing a presentation that explains your company's strategic, functional, and operational marketing planning strate..
A health policy might promote ‘‘realized access’’ but not ‘‘effective access’’ or ‘‘ef?cient access.’’ The majority of the U.S. population believes the U.S. system has a ‘‘major problem.’’ Is the most important problem the system faces one of realize..
Please explain the meaning of a “partnership perspective for managing human resources.” Is it realistic to expect organizations to be strategic in managing human resources? What organizational and individual barriers are likely to make it difficult ..
A local business leader is considering starting a business in your area and has hired you to conduct a market analysis and deliver a formal report of your findings. Consider a market segment with which you are familiar. Develop a response that includ..
On October 27, 1997, Oregon enacted the Death with Dignity Act, which allows terminally-ill Oregonians to end their lives through the voluntary self-administration of lethal medications, expressly prescribed by a physician for that purpose. Thus, Ore..
When a firm needs to minimize its unit costs, the firm is facing
What is the role of IT in an increasingly global environment? Provide examples of how IT has changed your organization (or an organization with which you are familiar).
HR planning can contribute to the alignment of organizational strategies and objectives. Provide specific examples to support your response.
decision-making criteria 500-750 wordsthe ceo is considering either expanding the warehouse next to the east coast
What are the major types of costs? Which costs are controllable by the project manager?
Present a general overview of Spectrum Brands International. Specifically, discuss important historical milestones, product offerings, major competitors and their relative market share. What are the major opportunities for Spectrum Brands as a result..
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