Plan D O.T. Ending Inventory 200 Production Production Stockouts Month Demand (Units) (Units) (Units) O December 1 January 1,500 1,600 2 February 1,500 1,600 3 March 1,600 1,600 4 April 1,700 1,600 5 May 6 June 7 July 8 August 2,300 1,600 2,100 1,600 1,800 1,600 1.400 1,600
Q: QUESTION 20 Bluebird University provides tutoring services for undergraduate students seven days a…
A: Let, M = Number of tutors who start the week on Monday T= Number of tutors who start the week on…
Q: All contemporary organisations operating in an uncertain economic climate, need to know how to…
A: given, All contemporary organisations operating in an uncertain economic climate, need to know how…
Q: What are the suggestions for government size to better economic growth?
A: Economic growth is not an easy task to acheive because it needs to plan all the events in the…
Q: HOW is Risk Assessment done?
A: Risk assesment is a process of identifying a potential risk which might impact the business in there…
Q: The following table shows estimates of activity times (in weeks) for a project: Optimistic Most…
A: The critical path is the past that takes a higher time to complete the whole project successfully as…
Q: What are the benefits of using project management collaboration software?
A: Project collaboration is a systematic manner and a planned way which enables a project manager to…
Q: Briefly discuss the six sigma continuous improvement process DMAIC and describe its stages
A: DMAIC steps implement a continuous auditing system. projects for improvement (six - sigma) Define…
Q: Using the following data for a small maintenance project, do the following activities: a. Draw the…
A: A project network is a network that represents the project activities and their duration to complete…
Q: What the "project leadership and management" is all about, its main objectives, importance, and…
A: Leadership and management is a tool which enable a project to complete on its schedule timings and…
Q: What are the three most significant concerns when purchasing hardware?
A: Hardware refers to the physical part which we can see and has physical apperance and we can touch…
Q: BRIEFLY DISCUSS AND DESCRIBE THE TERMS OPERATIONS MANAGEMENT AND SUPPLY CHAIN
A: Operations is defined as the actions and decisions taken by the participants and members of a…
Q: The farm has pre-contracted a total of 1,000 man-days of hired labor and has in its inventory a…
A: Let wheat = X1 Corn = X2 Max 15000 X1 + 20000X2 subject to 60 X1 + 30 X2 <= 1000 X1 +…
Q: Comparison charts are graphic visual representations of information, knowledge, or data to present…
A: The reasons for employees choosing to leave organizations are as follows - 1. Imbalance in work…
Q: a. Compute labor productivity under each system. Use carts per worker per hour as the measure of…
A: Productivity is the relationship between the volume of the input and output that is calculated in…
Q: How might one improve response rates in a mailed survey?
A: A mailed survey is method of survey in which an enumerator mails a questionnaire to a large number…
Q: In more specific terms, what does negotiation in purchasing refer to? With references please
A: Negotiation is mean between the two parties who are going to exchange something between tham to…
Q: What are the benefits of successfully integrating external suppliers into a company's operations?
A: A supplier is an individual who provides raw materials and resources that the company use to…
Q: The Big Five Personality Model is used to organize traits and predict leadership in: a. situational…
A: Big five personality model is used to find out the basic five characteristics of a leader in order…
Q: Mohammed is planning to renovate his house garden; he is wondering how long it may take him to…
A: In project management, beta distribution refers to the weighted average of the given data. Here, a =…
Q: Describe what is meant by a learning curve. Provide a simple illustration of a 70% and an 80%…
A: Learning curves prove very important in cost analysis, cost estimation, and also efficiency studies.…
Q: a pattern of purchase of two products are seen to be made together or closely follow one another,…
A: Two or more products are having similiar characteristics and follows similiar strategies which…
Q: Barangay Punta Princesa is trying to decide between two alternative order plans for its inventory of…
A: EOQ is the economic order quantity that a company need to purchase so that its inventory cost will…
Q: the core ideas behind deliberate critical discussion and what are the few things to avoid when…
A: Deliberate critical discussion means discussing a topic with the intention of trying to better…
Q: The contract of sale is distinct from other types of contracts because it has two additional…
A: A contract of a sale is a contract in which the one party agrees to buy and another party agrees to…
Q: operations Manageme A contract of sale is distinct from other types of contracts because it has two…
A: A contract of a sale is a contract in which one party agrees to sell a specified quantity to another…
Q: If 25 units of the end item are to be assembled, how many units of component B are needed?
A: The data mentioned in the given question is shown below in the form of a chart for better…
Q: ds to begin the process to redesign the TSA officer job descriptions. Why would this be the most…
A: When answering this question, you'll need to use your critical thinking skills and consider the job…
Q: Question 2 Alpha Electronics (AE) is a large manufacturer of electronics products. The company sells…
A: (a)
Q: What are the drawbacks of using a Data Model in a project?
A: You are working on an important project and you have realized that you should use a data model for…
Q: A cement manufacturing company will produce 24 tons per week. The demand for the cement is 6 tons…
A: Given data Annual demand (D) =6 tons per week ×52 weeks in a year =312 tonnes of units per year…
Q: Rashed is a member of the supplier's evaluation committee; his company is in the process of…
A: 1. Suppliers are crucial in helping businesses prosper. Businesses must evaluate a number of crucial…
Q: discuss the first three steps to achieving conformance to specification
A:
Q: The detailed design of cellular layouts is difficult, partly because the idea of a cell is in itself…
A: Layout design in operations management is described as the approach of placing physical resources…
Q: ____________________ , and thus is difficult for market producers to sell to individual consumers.…
A: A public good is a good which is for the public and which is used by the public and no one can stop…
Q: r when developing strategies, which do you feel are strengths for the company called Apple, and…
A: There are already more than a billion active iPhone users worldwide, making Apple Inc. the world's…
Q: The H.W. Grant Corporation used regression analysis to predict the annual cost of indirect…
A: Given data:
Q: KSK Company produces backpacks. The company's operations manager, Mehmet Akbalcık, would like to try…
A: Find the Given details below: Month Jan Feb Mar Apr May Jun Total Demand (Unit) 4800 5200 8500…
Q: Between genetic strategic and grand strategy, which one is more important for a company to focus on?
A: Genetic startegy refers to a general strategy which is used by firm to position itself in the…
Q: For the purposes of supporting business processes and activities in the modern workplace, what role…
A: The internet has become an indispensable tool in the modern workplace, facilitating communication…
Q: While purchasing computer hardware, what are the three most critical aspects to consider?
A: A computer hardware is a tangible things which is needed by a computer to perform its function.
Q: How can the tourism industry assess and analyze expected risks and damages in Covid 19 situation?
A: The tourism industry assesses and analyses the expected risks and damages in the covid 19 situation.…
Q: explain in your own words the difference between in-sourcing and self-sourcing with the help of an…
A: Procurement in the supply chain is described as the means of obtaining services and goods. It is…
Q: Ownership rights for real property include: a) free flow of air rights. b) inheritance rights. c)…
A: Ownership rights refers to the right to use the such asset,right to sell and right to have possesion…
Q: g purchased. When this occurs, a substantia nas recently reccived purchase requests fro ny's…
A: Given: 1 2 3 Start-up cost $3 million $2 million 0 Marginal net revenue $2 million $3…
Q: Cassie Company manufactures a line of deluxe office fixtures. The annual demand for its miniature…
A: Total carrying cost = (EOQ/2)*H Where, D = annual demand = 5000 H= carrying cost = 10 S = setup cost…
Q: se choose the most and least effective answers Statement Most Least Give the customer an example of…
A: Selling a service to a customer is not very easy because in today's world every customer is rational…
Q: Delaying payments made to suppliers increases the operating cycle Select one: True False
A: Operating cycle refers to the average time that is required for a business to spend the cash…
Q: Use x for hundred gallons of chocolate chocolate-chip and y for hundred gallons of chocolate peanut-…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Why is it important to understand leadership as an active process towards a purpose of change?
A: Leadership is all about helping the employees in achieving the set goals and targets of an…
Q: Come up with a decision using MINIMAX REGRET CRITERION under conditions of uncertainty using the…
A: Given data is
1
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
- The planner at a company that makes garden tractors is about to prepare an aggregate production plan that will cover the next 6 months. She has collected the following information: Month Demand Forecast Above the available capacity through permanent workforce 1 1,000 2 1,000 3 2,000 4 3,000 5 4,000 6 1,000 Total: 12,000 Production per month = 20 units per worker Initial inventory = 500 units Desired ending inventory (at the end of month 6) = 0 units Cost: Hire cost = $500 per temporary worker Inventory = $10 per tractor per month Backorder = $150 per tractor per month The optimum aggregate plan is: Month 1 2 3 4 5 6 Total Forecast Demand above regular capacity 1,000 1,000 2,000 3,000 4,000 1,000 12,000 # of temporary workers required 50 50 100 150 200 50 Temp. Workers hired 25 25 50 75 0 0 Temp. workers laid off 0…Jose Martinez of El Paso had developed a polished stainless-steel tortilla machine that makes it a “showpiece” for display in Mexican restaurants. He needs to develop a 5-month aggregate plan. His forecast of capacity and demand follows: Month 1 2 3 4 5 Demand 150 160 130 200 210 Regular capacity 150 150 150 150 150 Overtime capacity 20 20 10 10 10 Subcontracting: 100 units available over the 5-month period (NOT 100 units each month) Beginning inventory: 0 units Ending inventory required at the last month (i.e. month 5): 20 units. Costs Regular-time cost per unit $100 Overtime cost per unit $125 Subcontracting cost per unit $135 Inventory holding cost per unit per month $3 Assume that backorders are not permitted. a) Find an aggregate production plan using the intuitive lowest cost approach. (i.e. Develop an aggregate plan using the transportation method). b) State the corresponding…3) AGGREGATE PLANNING Mark Tuan, Operations Manager at GOT7 Furniture, has received the following estimates of demand requirements: January 1,100 February 1,200 March 1,400 April 1,800 May 1,800 June 1,600 Assuming stockout costs for lost sales of RM100 per unit, inventory carrying costs of RM25 per unit per month, and a zero beginning and ending inventory. Analyze the extra cost if the company vary the workforce, which performs at a current production level of 1,300 units per month. The cost of hiring additional workers is RM3,000 per 100 units produced. The cost of layoffs is RM6,000 per 100 units cut back.
- LMNO Gaskets has formulated a production plan for a product to meet demand over the upcoming four quarters. Demand in each of the four quarters and production, overtime, and subcontracting capacities are reported in the table below, in addition to the feasible production plan. The relevant costs are: • Regular time production cost is $10/unit. Overtime production cost is $14/unit. Subcontracting cost is $18/unit Inventory is held at a cost of $1/unit/quarter. • Units may be backordered at a cost of $4/unit/quarter. Production Resource Regular Time Q1 Overtime Q1 Subcontract Q1 Regular Time Q2 Overtime Q2 Subcontract Q2 Regular Time Q3 Overtime Q3 Subcontract Q3 Demand in Quarter Demand in Quarter Q2 0 20 0 550 Q1 550 230 0 0 0 0 40 40 0 860 250 470 0 40 0 1330 What is the inventory cost for the year? What is the backorder cost for the year? What is the total cost for the year? Q3 0 0 0 0 0 30 510 160 0 700 What is the total overtime production cost for the year? Capacity 550 250 500…The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: alculator DEPREFERESSESES Cara be Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales is $65 per unit. Inventory holding cost is $20 per unit per month. Ignore any idle-time costs Evaluate the following plan. This exercise contains only Plan E. Plan E: Keep the current workforce, which is producing 1,600 units per month, and subcontract to meet the rest of the demand. Subcontract cost is $75 per unit. mummill M Pla $100433443 January February March April MESS Month 0 December 1 January 2 February 3 March 4 April 5 May 6 June 7 July 8 August Ask my instructor 1,400 1,600 1,800 1,800 Demand 1.400 1,600 1,800 1,800 2,200 2,100 1,800 1.400 May June July August Production (Units) 1,600 1,600 1,600 1,600 1,600 1,600 1,600 1,600 2,200 2.100 1.800 1,400 S Plan E Subcontract…Given the projected demands for the next six months, prepare aggregate plan must wind up with no units in ending inventory in Period 6. Regular time capacity is 150 units per month. Overtime cost is $20 per unit, backorder cost is $30 per unit, inventory holding cost is $10 per unit based on maximum, subcontracting cost is $40 per unit, regular time cost of $20 per unit, and beginning inventory is 10. Month 1 2 3 45 6 Forecast 150 170 140 160 130 160 a. Prepare an aggregate plan with inventory and backlog allowed. Overtime and subcontracting are not allowed. b. Prepare an aggregate plan if the management decided to switch to chase strategy. They only allow backlog if absolutely needed. Regular production capacity is now 160.
- Define "what-if analysis." How can a spreadsheet be used to plan capacity?The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: January February March 1,600 1,700 1,800 April 1,700 Month 0 December 1 January 2 February 3 March Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales is $70 per unit. Inventory holding cost is $25 per unit per month. Ignore any idle-time costs. Evaluate the following plans D and E. 4 April 6 May 6 June Plan D: Keep the current workforce stable at producing 1,600 units per month. In addition to the regular production, another 20% of the normal production units can be produced in overtime at an additional cost of $55 per unit. A warehouse now constrains the maximum allowable inventory on hand to 600 units or less. Note: Do not produce in overtime if production or inventory are adequate to cover demand. 7 July 8 August Demand 1,500 1,700 1,800 1,700 2,100 2,100 1,800 1,500…Identify the variables decision makers have to work with in aggregate planning.
- The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: January 1,400 May 2,200 February 1,600 June 2,200 March 1,800 July 1,800 April 1,800 August 1,400 Her operations manager is considering a new plan, which begins in January with 200units of inventory on hand. Stockout cost of lost sales is $100 per unit. Inventory holding cost is $20 per unit per month. Ignore any idle-time costs. The plan is called plan C. Plan C: Keep a stable workforce by maintaining a constant production rate equal to the average gross requirements excluding initial inventory and allow varying inventory levels. Conduct your analysis for January through August. Part 2 requirement= The average monthly demand (Enter your response as a whole number.)Aggregate Planning and Master Scheduling Planners of the company are about to prepare the aggregate plan that will cover 6 months. Assuming that the company identified the following forecast for the next 6 months: Period Jan Feb March April May June Forecast 270000 275000 245000 255000 335000 270000 They now want to evaluate a plan that calls for a steady rate of regular output (250000 boxes/month). Mainly using inventory, regular time and overtime, and backorders. They intend to start with zero inventory on hand in the first period. The maximum amount of overtime output per period is 30,000 box per month. The regular production cost per box is 30 LE while the overtime cost per box is 35 LE. The holding cost is 5 LE per box per month and the backorder cost is 10 LE per box per month. Then, prepare a master schedule to identify the available to promise amounts, knowing that the policy calls for a fixed order quantity of 350000 units, and currently there are 276000 units in inventory. 5…JAYB, manager of a Fabrication company, has the following aggregate demand requirements and other data for the upcoming four quarters. Table 5: Forecast and cost information [Jadual 5: Maklumat Ramalan dan kos] Quarter [Suku] Demand [Permintaan] Previous quarter's output [Keluaran suku sebelumnya] 1,500 units 1 1,400 Beginning inventory [Inventori awal] 200 units 2 1,000 Hiring workers [Pengambilan pekerja] RM6 per unit 3 1,500 Laying off workers [Pembuangan pekerja] RM11 per unit 4 1,300 Unit cost [Kos unit] RM30 per unit With the information given, JAYB wants you to calculate the total cost of using chase strategy by hiring and layoff workers.