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Develop a production plan and calculate the annual cost for a firm whos demand forecast is fall, 10,000 units; winter, 8000 units, spring, 7000 units and summer, 12,000 units. Inventory at the beginning of fall is 500 units. At the beginning of fall, you currently have 30 workers, but you plan to hire temporary workers at the beginning of summer and lay them off by the end of summer. In addition, you have negotiated with the union an option to use the regular workforce on overtime during winter or spring if it is necessary to prevent stockouts at the end of those quarters. Overtime is not available during the fall. Relevants costs are hiring, $100 for each temp; layoff, $200 for each worker laid off, inventory holding, $5 per unit per quarter, backorder, $10 per unit; straight time, $14 per hour; overtime, $21 per hour Assume the productivity is O.5 units per worker hour, with eight hours per day and 60 days per season.
Performance management is a particularly important topic when it comes to employee retention and development. How the process is designed and implemented can dramatically impact individual and organizational outcomes. The discussion this week is f..
Complete the following audience-profile questionnaire for the fitness-center report in Exercise 2 or for a hypothetical research, investigate, or annual report that you have been asked to prepare. What does your audience already know about the subjec..
A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier quotes a price of $8.4 per stone for quantities of 600 stones or more
Should prisoners serving non-life sentences be given the opportunity to obtain a college education in prison? Why? Why not?
You are forecasting your estimate to complete your project and are incurring extra costs to do this work. What sort of estimating techniques are you using?
Explain why ability to raise capital and unlimited life are benefit for corporation? When should behavioral assessments be used and how are you get used? Is stability really a strategy or just a term for no strategy? Describe the ethical standards ut..
Which of the following statements with regards to materiality in the field of independent auditing is correct? PCAOB auditing standards establish specific quantitative guidelines for determining the materiality of a discovered financial statement def..
Production hall was not cleaned and it was leaving a very bad effect on the health conditions of workers, resultantly, they were unable to work efficiently and effectively.
A company using a weighted-criteria evaluation system has established these 3 categories and the appropriate weight in parentheses: Quality(0.30), Delivery(0.40), Cost(0.30). The scores for each category are shown below. Which of the following compan..
When a patient is admitted to a hospital for a surgical procedure, then they too need a clean, safe and comfortable accommodation - in addition to appropriate clinical and medical care, of-course.
A large law uses an average of 40 boxes of copier paper a day. the firm operates 260 days a year. storage and handling costs for the paper are $30 a year per box, and it costs almost $60 to order and receive a shipment of paper. so find out what orde..
Determine the appropriate number of shipping dock doors for a truck dock given the following information. Trucks deliver 400,000 cubic feet of product each day from this facility and the average truck holds
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