Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Use the following data for the next three problems

Cost data
Regular time labor cost per hour $10
Overtime time labor cost per hour $15
Subcontracting cost per unit (labor only) $80
Back order cost per unit per period $20
Inventory holding cost per unit per period $10
Hiring cost per employee $500
Firing cost per employee $400

Capacity data
Beginning workforce 40 employees
Beginning inventory 0 units
Beginning back orders (shortages) 0 units
Production standard per unit (hours) 2 hours of labor per unit
Regular time available per period (hours) 160 hours per period per
employee
Overtime time available per period (hours) 30 hours per period per
employee
Number of days per period 20 days
Number of working hours per day 8 hours
Subcontracting No Limit

Demand data
Period 1 3,920 units Period 5 3,800 units
Period 2 2,480 units Period 6 4,340 units
Period 3 2,200 units Period 7 4,820 units
Period 4 3,280 units Period 8 4,600 units

problem #1: Suppose you are designing a level aggregate plan using inventory and back orders (shortages). You are not using any overtime or subcontracting. What will be the production rate per period in the level aggregate production plan?

problem #2: Suppose you are designing a level aggregate plan using inventory and back orders (shortages). You are not using any overtime or subcontracting. How many workers per period (same for every period) are needed for the level aggregate plan?

problem #3: Suppose you are using a chase strategy without inventory and back orders (shortages). In chase strategy you have to meet the demand in every period using regular time production, overtime production and subcontracting. There are 40 workers in each period. When demand is less than the regular time production capacity, you produce only the number of units that are demanded and some of the workers may remain idle. You do not hire and fire workers. How much of the total regular capacity (number of units) remain unused?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M976994

Have any Question?


Related Questions in Operation Management

Company is southwest airlines describe how the company uses

Company is southwest airlines Describe how the company uses technology to meet customer needs. Review the company's page on a social media site and explain how it is used to provide customer service. Review the company's ...

Prepare for an interview with a human resources

Prepare for an interview with a human resources professional about the work of the human resources professional. The interview questions will be turned in to the instructor by the end of week 5. Once returned, youi may c ...

Gary bentham cfo of bartlett community hospital is

Gary Bentham CFO of Bartlett Community Hospital is preparing for contract negotiation with his largest negotiation with his largest non- governmental payer, Antrim Healthcare. Antrim currently accounts for approximately ...

Your final project consists of creating a presentation that

Your final project consists of creating a presentation that highlights the challenges of expanding your company into a new country. The following criteria must be included: Background of company and of country Cultural i ...

1 are the traditional american beliefs in free markets and

1. Are the traditional American beliefs in free markets and respect for personal autonomy contributing to diet-related public health crises such as obesity and diabetes? 2. Describe an activity or project at your IT Comp ...

Pick a news story that is an example or an empassises on

Pick a news story that is an example or an empassises on Human Resources as Low-cost businesses may attempt to minimize staffing expenses, training & development, and even salaries. Problem is it is often necessary to pa ...

Discussion boardunit global business issueswithin the

Discussion Board Unit: Global Business Issues Within the Discussion Board area, write 400-600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future ...

Consider the case that an employer is trying to fill a

Consider the case that an employer is trying to fill a vacant position and is choosing which applicants to interview. What do you think the employer’s objectives should be? Identify the employer’s specific decisions to m ...

One could reasonably argue that formal leadership in an

One could reasonably argue that formal leadership in an organization does little, if anything, in terms of improving organizational outcomes. What are the two major arguments that you could use to promote the above menti ...

Religion is a personal core value for many people what do

Religion is a personal, core value for many people. What do you believe about the following? At what point does the right to exercise one’s religious beliefs interfere with company rights? At what point do company rights ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As