User Account

All Pages

What is the production rate per worker per month

Assignment Help Operation Management
Reference no: EM131858508

Question: Consider the following Aggregate Planning problem.

Cost data


Demand Forecast
Wage /hour $15.00

Month Demand
OT pay /hour $22.50

1 4200
SC rate/unit $75.00

2 4400
Carrying Cost $  7.00

3 4800
Hiring cost $500.00

4 5100
Firing cost $650.00

5 5000




6 5500




7 6000




8 5900





40900
Other Data

Init Condition

STD hrs 2.5
Workers on roll
70
Hours/day 8
Current invenntory
300
days/month 22
Safety stock
250
OT linit 30%



Note: Hiring/fining costs are based on number of workers, not daily production rate from one month to the next.

A. Answer the following for a "Chase" plan.

a. What is the production rate per worker per day? (round to 5 decimal places)

b. What is the production rate per worker per month? (round to 5 decimal places)

c. What is the wage rate per worker per month?

d. What is the cost of production per unit using overtime?

e. For the given data, develop a complete "Chase" plan and the corresponding cost for this problem. (Roundup number of workers needed each Month)

B. Answer the following for a "Level" plan.

a. What is the net total required production for the entire planning horizon?

b. What is the required production rate per month? (round to 2 decimal places)

c. How many workers will be needed for this production rate found in (b) above? (roundup to the nearest integer)

d. Develop a "Level" plan and the corresponding cost for this problem. Round to 2 decimal places when required.

Reference no: EM131858508

Questions Cloud

Explain the three stages crime analysts : Identify and explain the three stages crime analysts may use to examine the events which make up a problem
Patterns identified by crime analysts : Identify and discuss at least three (3) responses police may use as reactions to patterns identified by crime analysts.
Discuss (3) benefits police officers and investigators : Discuss (3) benefits police officers and investigators reap by adhering to the rules of narrative writing as described by the textbook author.
Are there forces at work in that industry that makes easier : Does a company's adherence or nonadherence to a code of ethics influence your decision to do business with them?
What is the production rate per worker per month : Answer the following for a "Chase" plan. a. What is the production rate per worker per day? (round to 5 decimal places)
Negative consequences law enforcement officers : Discuss three (3) negative consequences law enforcement officers and investigators suffer for not adhering to the rules
Reorganization of the us intelligence community : Explain the reorganization of the US intelligence community as a result of the 9/11 attacks and discuss the challenges and problems that exist.
Compare the level of security : Compare the level of security in the U.S. today to the level of security before WWII and explain why WWII
Dealt with tax reform : The first one dealt with the Affordable Care Act and the second one dealt with tax reform.

Reviews

Write a Review

Operation Management Questions & Answers

  The principle source of jobs still involves networking

The sentences has three errors. In the blank box for each question, type ONLY the three corrections for those errors. Although as many as twenty-five percent of jobs are found on the Internet the principle source of jobs still involves networking.

  Identify major potential legal issues as they pertain

Identify major potential legal issues as they pertain to employees in the U.S. Examine 4-5 legal issues that differ based on employee location (comparing matters in both Europe and Asia to those in the U.S.).

  What is the bonds yield to maturity

Suppose a 10-year, $1000 bond with an 8% coupon rate and semiannual coupons is trading for a price of $1034.74. What is the bond’s yield to maturity.

  Style of democracy uniquely american and un-reproducible

Positive nationalism is define as, "proper love for one's country". The US foreign policy has long promoted the spread of US style democracy, which is positive nationalism, is our style of democracy workable in country's that have moral values differ..

  Complement to the auto industry-success measures

Which of the following is a “complement” to the auto industry in “Porter’s 5 Forces Model”? In the simulation, “Success Measures” can be set:

  Explain the effects of colonial legacy on the development

Despite the advances the world has made toward technology and science, much of the world's population still lives in extreme poverty. A majority of those who live in poverty are in countries which were former European colonies. Explain the effects of..

  Pay cash for the transplant procedure and follow-up care

Healthcare services can be rationed by governmental rationing or by allowing those who can afford the services to purchase the services. A seventy-six-year-old nonsmoker with good pulmonary and renal function is a good candidate for a heart transplan..

  Contrast e-commerce operations management

SLP ?Compare and contrast e-commerce operations management to traditional operations management. Discussion ?Apply e-commerce management to one aspect of operations management in an organizational context.

  Additional amounts to take advantage of quantity discounts

What trade-offs are involved in each of these aspects of inventory management? Buying additional amounts to take advantage of quantity discounts. Treating holding cost as a percentage of unit prices instead of as a constant amount.

  Discuss the differences among the three major components

Discuss the differences among the three major components of statistical methodology (descriptive statistics, statistical inference, and predictive statistics). Why might these distinctions be important to a manager

  Impact incorporate appropriate animations

Reflect on the readings and the videos. Then develop a PPT presentation in which you explain what innovation is and why it is important. The purpose of the presentation is to persuade and inform the senior management of your Company about innovation...

  Fee-for-service payments create incentives

Many observers claim that “fee-for-service” payments create incentives for physician to employ higher-cost treatments. Is this an intrinsic feature of FFS payment systems? If so, explain why. If not, what is the correct way to view the financial ince..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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