Develop a six-month production plan

Assignment Help Operation Management
Reference no: EM1385157

JokersRWild makes playing cards in several diferent syles, but a "standard" deck of cards is used for planning purposes. The average worker at JokersRWild can make 10,000 sets of decks of cards per month at a cost of $1.00 per deck during regular production and $1.30 during overtime. The company currently employes 25 workers. Experience shows that it costs $500 to hire a worker and $500 to fire a worker. Inventory carrying cost is $0.25 per deck per month. Given the following demand esimate, develop a six-month production plan based on level production, chase using overtime (no workers will be fired and inventory increases if necessary), and chase by changing workforce level. The beginning inventory is 50,000, and at least that amount is desired each month.

Month: January February March April May June
Demand: 200,000 150,000 200,000 400,000 550,000 250,000

Reference no: EM1385157

Questions Cloud

A telephone customer service center wants to ensure : A telephone customer service center wants to ensure that the majority of customer calls are answered within a reasonable amount of wait time. Based on customer feedback, the company has determined that this wait time is between 10 and 45 seconds
What is the change in internal energy of the system : A frog in a hemispherical bowl finds that he just floats without sinking in a fluid whose density is 1.35 g/cm^3. If the bowl has a radius of 6cm and negligible mass, what is the mass of frog.
Categorize the ip rights which are owned by an organization : Categorize the IP rights which are owned by an organization you currently or formerly have worked at or are familiar with.
Describe binary lock function : Describe relationships with example. Also illustrate degree of relationship for that example. What do you mean by locks. Write dow a binary lock function.
Develop a six-month production plan : JokersRWild makes playing cards in several diferent syles, but a "standard" deck of cards is used for planning purposes. The average worker at JokersRWild can make 10,000 sets of decks of cards per month at a cost of $1.00 per deck during regular ..
Effective recruitment and selection activities : Illustrate what are some ways in which effective recruitment and selection activities can help an organization gain a competitive advantage?
Genetic differences from pre storm population : A hurricane in Caribbean devastates a small isolated island, destroying all but about a dozen of once dominant turpentine trees on the island.
Find out useful power of the conveyor : A model rocket is launched straight upward with the initial speed of 70m/s. It accelerates with a constant upward acceleration of 3 m/s2 until its engines stop at an altitude of 180 m.
Explain how many calendars should be ordered : If S & G reduces the calendar price to $1.6 at the end of June and can sell all surplus calendars at this price, explain how many calendars should be ordered.

Reviews

Write a Review

Operation Management Questions & Answers

  Incorporate the five forces of competition to help

Using external sources, research the segments of the general environment to write the environmental analysis of your Capstone Project. Incorporate the five forces of competition to help write the industry analysis of your Capstone Project.

  What reasons might there be for using multiple criterions

llustrate what reasons might there be for using a single measure also illustrates what reasons might there be for using multiple criterions.

  Explain how would you suggest modifying the process in order

Pretentious the addition of one more clerk, illustrate what is the maximum number of applications the process can handle. Explain how would you suggest modifying the process in order to accommodate 120 applications per hour.

  What lesson have you learned about motivating worker

It is for this reason that we have included these important researchers in our discussion of motivate people. Illustrate what lesson have you learned about this chapter also motivating workers.

  Elucidate what will be the cedar product demand next year

For this question suppose which all 699 of units of Cedar are sold in the Nano segment. If the competitive environment remains unchanged. Elucidate what will be the Cedar product's demand next year (in 000's).

  Describe the main challenges of running a food

Describe the main challenges of running a food manufacturing plant. How are these similar to or different from running a grocery chain or store?

  Compute labour-material-machine also overhead productivity

who can produce an average of 30 also 50 devices of 1st also 2nd types per day. Workers receive $10 per day also machine also overhead cost is $120 also $100 per day respectively. a. Compute Labour, material, machine also overhead productivity.

  Identify the pros and cons

Identify the pros and cons of a JIT relationship from D&D's point of view, Identify the pros and cons of a JIT relationship from Dixon Plastics point of view, What factors should Dixon and D&S consider before making a decision on the relationship?

  Describe at least five ways in which social media

Describe at least 5 ways in which Social Media and digital technologies can give you the opportunity to expand your business opportunities at the global level.

  Explain how can organisations strike a balance

Explain how can organisations strike a balance among respecting and meeting the needs of a diverse workforce and shaping a high-performance corporate culture where shared values contribute to the accomplishment of strategic goals.

  Research project on social needs

This answer provides cogent arguments relating to the Social Needs: Issue, source, affect to operations, legislation

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

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