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 $125 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. The average monthly demand requirement = units. (Enter your response as a whole number.)

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 $125 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. The average monthly demand requirement = units. (Enter your response as a whole number.)

Calculus For The Life Sciences

2nd Edition

ISBN:9780321964038

Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Chapter7: Integration

Section7.EA: Extended Application Estimating Depletion Dates For Minerals

Problem 4EA

See similar textbooks

Similar questions

What is the total effect on the economy of a government tax rebate of $500 to each household in order to stimulate the economy if each household will spend of the rebate in goods and services?
Explain in your own words the relationship between price elasticity of demand and total revenue. Give an example.
Joe, the owner of Genuine Reproductions (GR), a company that manufactures reproduction furniture, is interested in measuring inventory effectiveness. Last year the cost of goods sold at GR was $3,000,000. The average inventory in dollars was $250,000. (a) Calculate the inventory turnover for GR. (b) Calculate the weeks of supply. Assume 52 weeks per year. (c) Calculate the days of supply. Assume that GR operates 5 days per week.
What is the yearly cost?
Determine the market potential for a product that has 20 million prospective buyers who purchase an average of two per year and price averages $50. How many units must a company sell if it desires a 10% share of this market?
Given the demand and supply curves, find the consumers' surplus and producers' surplus.
The estimated demand and supply curve for apples is displayed below. If the current price is $100/ton, is there currently a surplus or shortage in the market for apples? By how much? *
What is the yield rate %
#a. Predict the sales resulting from a $15,000 investment in inventory and an advertising budget of $10,000.
Find tenth equilibrium point of the demand and supply equations.
The cost of goods sold for Veltron International last year amounted to $561,000, and the average inventory at cost was $374,000. The published inventory turnover at cost is 6.6. Calculate the inventory turnover at cost, and if it is less than the published rate, calculate the target average inventory at cost (in $). (If the actual turnover is greater than the published rate, enter "above" for target average inventory.) Inventory turnover at cost: Target average inventory at cost:
The table to the right shows expenses and income for an individual. Find the net monthly cash flow (it could be negative or positive). Assume that salaries and wages are after taxes, and assume 1 month = 4 weeks. Income Expenses Salary: $2000 / month Rent: $1130/month Groceries: $90 /week Utilities: $120 /month Health insurance: $450 semiannually Car insurance: $410 semiannually Gasoline: $25/week Miscellaneous: $390/ month Phone: $85/month The net monthly cash flow is $ (Round to the nearest dollar as needed.)