Densepack company produces disk drives for mainframe

Assignment Help Operation Management
Reference no: EM1382281

Densepack company produces disk drives for mainframe computers. The following information is given for optimizing their workforce level:

Planning Horizon: 6 month (Jan-Jun)
Forecasted Demands: 1280, 640, 900, 1200, 2000, 1400
Current Workforce: 300 workers

Ending inventory in December is expected to be 500 units and they want to have 600 units on hand at the end of June.

CH = cost of hiring one worker = $500
CF = cost of fring one worker = $1000
CI = cost of holding one unit of inventory for one month = $80
K = Number of aggregate units produced by one worker in one day = 0.14653

There is no overtime, no subcontract and no idle time. Please find the optimal solution to minimizing the total cost.

Reference no: EM1382281

Questions Cloud

Why is it important for managers to reduce the resistance : Why is it important for managers to reduce the resistance to change openly displayed or covertly practiced by employees?
Hydrograph for a watershed having a drainagearea : For the data given below, derive the 2-hr unit hydrograph for a watershed having a drainagearea of 216 km^2, assuming a constant baseflow of 20 m^3/s.
What is the normal force exerted by the snow on skier : Answers for an elevator are moving down with an acceleration of 3.360 m/s. what would be the apparent weight of a 64.20 kg man in the elevator.
Full-duplex trunk between end office-intermediate switch : In a simple telephone network comprising of two end offices and one intermediate switch with 1-MHZ full-duplex trunk between each end office and intermediate switch.
Densepack company produces disk drives for mainframe : Densepack company produces disk drives for mainframe computers. The following information is given for optimizing their workforce level
What is the tension in the net : An astronaut weighs 7*10^2 N on the surface of the earth (M earth=5.98*10^24 kg). What is her weight 7.70*10^6 m above the earth.
Darcy-weisbach equation for flow in a pressure conduit : In using the Darcy-Weisbach equation for flow in a pressure conduit, what percentage error is introduced in Q when f is misjudged by 20 percent?
Might some managers attempt to implement a particular : Might some managers attempt to implement a particular intervention, such as TQM, without first diagnosing whether the intervention would be appropriate for their organization's problems?
What is the spring constant of elastic cord : The fuel gage for a gasoline tank in the car reads proportional to the bottom gage pressure .if the tank is 30cm deep and accidentally contains 2 com of water plus gasoline how many centimetres of air remain at the top when gage erroneously reads ..

Reviews

Write a Review

 

Operation Management Questions & Answers

  Atr does not produce a competitive product

If Weiss adds a new plant addition and ATR does not produce a competitive product, Weiss expects a profit of $600,000; if ATR does not compete for this market

  Illustrate what management roles would vincent be playing

Illustrate what management roles would Vincent be playing. had weekly security briefing conference calls with co-employees around the globe, assessed the feasibility of adding a new network security consulting service.

  Determine average value of a loyal customer

manufacture of business copier workstations has a 75 percent customer retention rate. ir accounting department approximates incremental contribution to profit and overhead as 40 percent. Determine average value of a loyal customer.

  Illustrate what are the three significant landmarks

Illustrate what they fail to see, explain however, is that such manufacturing practice keep costs down for the consumer also stimulate demand. Illustrate what are the 3 significant landmarks in the evolution of understanding also managing people.

  Draft a dfd for patient admission in a hospital

Information flow diagrams provide a way for the system to be broken down into manageable parts beginning with a general context and moving into more detail. Draft a DFD (Information flow diagrams) for Patient admission in a hospital.

  Illustrate what is yearly setup and holding cost for item

Illustrate what is the yearly setup and holding cost for this item. Assume instead of small bolts we were talking about a bulky item such as packaging materials. Illustrate what problem might there be with your analysis.

  Develop a forecasting model

Develop a forecasting model, justifying its selection over o r techniques, also project attendance through 2011. Illustrate what revenues are to be expected in 2010 also 2011. Discuss school's options.

  How much time on social media is reasonable at work

How much time on social media is reasonable at work before it becomes time wasting or a theft of the employer's time

  Segment analysis section

For this Discussion Forum, please document all of the steps needed to create a specific strategic group map for the beer industry. Then create a strategic group map, based upon the following industry definition:

  Explain how jim conclude which the process was not capable

The processing cost per check depends on the site, as listed below. Each day 5000 checks of each type must be processed. Conclude explain how to minimize the daily cost o processing checks utilizing Excel. Explain how did Jim conclude which the pr..

  Estimated the net present value of theme parks

A consultant has estimated the net present value of Theme Park's 2 alternatives under each state of nature of the planning board's decision as shown below.

  Elucidate how might factors which contribute to this team

Illustrate what can a manager learn from characteristics also activities of this particular team. Elucidate how might factors which contribute to this team's success be adopted in a business setting.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd