The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: 1,500 May 1,700 June 1,700 July 1,700 August January February March April 4 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 $100 per unit. Inventory holding cost is $20 per un per month. Ignore any idle-time costs. The plan is called plan C. Period Month Demand Production December 0 1 January 2 February 3 March April May June 5 6 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 = 1800 units. (Enter your response as a whole number.) In order to arrive at the costs, first compute the ending inventory and stockout units for each month by filling in the table below (enter your responses as whole numbers). D 1,500 1,700 1,700 1,700 2,300 2.100 2,300 2,100 1,800 1,800 1,900 1,500 1,800 1,800 1,800 1.800 Ending Inventory Stockouts (Units) 200

Id-6c An aggregate plan provides justification for: Select one: a. the budget amount requested b. demand for individual products c. demand for product families d. the demand for the parts of each product and. number of customers

Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall, 11,000; winter, 8,000; spring, 6,000; summer, 13,000.  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 at 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 overtime is necessary to prevent stockouts at the end of those quarters.  Overtime is not available during the fall.  Relevant costs are hiring, $100 for each temp; layoff $200 for each worker laid off; inventory holding, $5 per unit-quarter; backorder, $10 per unit; straight time, $5 per hour; overtime, $8 per hour.  Assume that the productivity is 0.5 unit per worker hour, with eight hours per day and 60 days per season. a. What is the total cost for this plan?

Develop a production schedule to produce the exact production requirements by varying the workforce size for the following problem. The monthly forecasts for Product X for January, February, and March are 940, 1,520, and 1,230, respectively. Safety stock policy recommends that half of the forecast for that month be defined as safety stock. There are 22 working days in January, 19 in February, and 21 in March. Beginning inventory is 570 units. Manufacturing cost is $170 per unit, storage cost is $5 per unit per month, standard pay rate is $8 per hour, overtime rate is $12 per hour, cost of stock-out is $9 per unit per month, marginal cost of subcontracting is $8 per unit, hiring and training cost is $160 per worker, layoff cost is $260 per worker, and worker productivity is 0.1 unit per hour. Assume that you start off with 44 workers and that they work 8 hours per day. (Leave the cells blank, whenever zero (0) is required. Input all values as positive values. Round up "Workers Required"…

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 2,300 February 1,700 June 2,100 March 1,600 July 1,900 April 1,700 August 1,300   Her operations manager is considering a new​ plan, which begins in January with 200units on hand and ends with zero inventory. Stockout cost of lost sales is ​$125per unit. Inventory holding cost is ​$25per unit per month. Ignore any​ idle-time costs. The plan is called plan B.   Plan​ B: Produce at a constant rate of 1,300units per​ month, which will meet minimum demands. Then use​ subcontracting, with additional units at a premium price of ​$75per unit. Subcontracting capacity is limited to 1,000units per month. Evaluate this plan by computing the costs for January through August. Part 2 In order to arrive at the​ costs, first compute the ending inventory and subcontracting units for each month by…

a) GOT7 Soda Pop, Inc., has a new fruits drink. The production planner has assembled the following cost data and demand forecast as follow: [GOT7 Soda Pop, Inc., mempunyai minuman buah-buahan yang baru, Perancang pengeluaran telah mengumpul data tentang kos dan ramalan permintaan seperti berikut:] Quarter Demand 1,800 First Second 1,200 Third 1,600 Fourth 1,300 Table 1: Cost and demand forecast [Jadual 1: Kos dan ramalan permintaan] Previous quater's output 1,300 cases Beginning inventory 0 cases Stockout cost Inventory holding cost Hiring employees Terminating employees Subcontracting cost Unit cost on regular time Overtime cost RM150 RM40 per case at the end of quater RM40 per case RM80 per case RM60 per case RM30 per case RM15 extra per case You as the production planner need to develop an aggregate planning. You are required to: [Anda sebagai perancang pengeluaran perlu membangunkan perancangan agregat Anda dikehendaki untuk:] i) Assess plan A: strategy that hires and fires…

a. Produce utilizing a level strategy at 180 units in which the company incurs regular time production costs, inventory charges and any costs due to the change in the production level from the previous output level. What is the cost of this strategy? [Select] b. Was there a need to back-order? If so, how many units? [Select] c. Produce utilizing a mixed strategy by producing 160 units every month. Then, utilize overtime, and subcontracting to meet demand. (Don't forget the capacity limitations on overtime and subcontracting.) What is the cost of this strategy? [Select] d. Based on the mixed strategy, what was the cost of utilizing overtime [Select] e. Based on a strategy of varying the workforce (Chase), what is the total cost? [Select] f. Which strategy provides the lowest cost solution? [Select]

I do not understand this. Please help me get the answer. Please provide the solution/computation.

Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows:   MONTH DEMAND (UNITS) January 4,240 February 4,340 March 4,040 April 4,440 May 5,040 June 4,740 July 5,340 August 4,940 September 5,440 October 5,740 November 6,335 December 6,030     a. Using linear regression analysis, what would you estimate demand to be for each month next year? (Do not round intermediate calculations. Round your answers to 2 decimal places.)     b. To be reasonably confident of meeting demand, Nina decides to use 4 standard errors of estimate for safety. How many additional units should be held to meet this level of confidence? (Do not round intermediate calculations. Round…

Prepare a master schedule based on the following information:                          Week   1   2   3   4   5   6   7   8   Forecast   500   500   600   600   750   750   900   800   Orders   540   470   325   200   105   45   10   0         Currently there are 700 units in inventory. Policy calls for a fixed order quantity of 1250 units.   Can you receive another order for 250 items in week 1? Why?     How many orders can be received in each period without altering the plan.   If there are 1250 items in stock, what would be the answer of questions 2 and 3?