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A fabric mill has developed the following forecasts (in hundred bolts of cloth). The mill has a normal capacity of 275 units (a unit = hundred bolts) per month, and employs 275 workers. Regular labour cost is $ 2,000 per unit and overtime labour cost is $3,000 per unit. Up to 50 units per month can be made during overtime. The beginning inventory is zero. Hiring cost is $1,000 per worker and layoff cost is $500 per worker. The inventory holding cost is $1,000 per unit per month and backorder cost is $5,000 per unit per month. a) Develop a level output/workforce plan. b) Starting with your answer to part a, use the trade-off analysis to find the minimum cost aggregate production plan. Month 1 2 3 4 5 6 7 Total Forecast 250 300 250 300 280 275 270 1,925
Develop a complete Outline, listing the required steps to develop an effective cost estimating proposal (according to Stewart). A. In Outline Form: 1. Formulate major topics, and necessary sub-topics to describe a detailed C.E. Plan 2. Identify most ..
One of the most important activities in supply chain design is selection of suppliers. Discuss what criteria (other than price) might be used to select the suppliers.
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Please describe net operating loss carry-backs and carry-forwards and how they can be used, and discuss how many years they can be used.
A machine shop has received an order to manufacture 10 large drum rollers. After examining the design of the rollers, the production engineer expects 55 labor-hours to be required for the first drum roller and a learning rate of 75 percent. How many ..
A plan must be developed from theory to practice. Assume you are starting a business. Describe the product or service provided, and the key considerations in a risk management plan for this business.
deliverable length 400-600 wordsdispute settlement is the focus of the world trade organization wto and the way that
You must understand misappropriation of the asset fraudulent disbursement scheme and how it fits in this case. You must have concluding results and recommendations of actions toward the criminals of the fraudulent acts.
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