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Answered: Use the Hungarian method to determine…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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discuss.. what are the key inputs to aggregate planning?
• VOOM has four warehouses 1, 2,3, and 4. VOOM needs to supply 200 Tons to Retailer P, 200 Tons to Retailer Q, and 200 tons to Retailer R. The cost of delivery from each warehouse to retailers is provided in the following table. While each warehouse has an inventory of 500 tons they can supply, R requires that every warehouse supplies at least 25 tons to R. There is a special arrangement between Warehouse 4 and R which requires that Warehouse 4 has to supply exactly 55 tons to R. On the other hand, P can take up to 150 tons each from warehouses 1 and 2. • •Use linear programming to provide VOOM with a plan to keep their transportation cost minimal.
AIP 6.9 Transfer Prices and Changing from a Cost to a Profit Center LO 2, 5Northern Blue Company has manufacturing plants and retail shops. The retail shops purchase products from the manufacturing plants. Currently, the manufacturing plants are operated as cost centers and only supply the company’s retail shops. The transfer price is cost-based and the retail shops operate as profit centers. The company presidentis considering an increase in manufacturing capacity that will allow sales to customers outside the organization. The president plans to make the manufacturing plants profit centers. Questionsa. Why are the managers of the retail shops unhappy with these new plans?
7
Multipla choice: If the total cost of an item is $180 and its variable cost is $0, this cost can be described as: A. variable. B. semi-variable. C. fixed. D. all the above.
2. Aggregate planning has been described as the process of matching supply and demand over a medium time horizon. What are some ways this can be accomplished?
Risk Aversion; Strategy John Holt is the production supervisor for ITEXX, a manufacturer of plastic parts with customers in the automobile and consumer products industries. On aTuesday morning, one of ITEXX’s sales managers asks John to reschedule his manufacturingjobs for the rest of the week to accommodate a special order from a new customer. The catchis that getting the customer requires fast turnaround on the order and means not only delayingthe current production schedule, but also running the production equipment all three shifts forthe remainder of the week. This will make it impossible to complete the regularly scheduledmaintenance on the equipment that John has planned for midweek. The sales manager is keen ongetting the new customer, which could mean an important increase in overall sales and output atthe plant. However, John is worried not only about the delay of the current jobs, but the chancethat the delay in maintenance will cause one of the machines to fail, which would…
Table 5.1: The demand forecast developed for the year ended 31 December 2022. Month Production days Demand forecast Jan 16 150 Feb 16 150 Mar 23 250 Apr 21 250 May 22 400 Jun 22 500 Jul 21 600 Aug 20 750 Sep 20 450 Oct 20 250 Nov 16 150 Dec 16 150 1. Compute and tabulate the daily demand for each month in the table below (round off to the nearest whole number). 2. Assuming that MPQ Limited had adopted a level strategy for the year ended 31 December 2022, compute the average daily demand for the year (round off to the nearest whole number).
3) Gang Aft Agley, a manufacturing company, faces the aggregate planning problem shown in the table below. Cost of regular production is $5 per unit, the cost of producing the same unit on overtime is $7, the cost of subcontracting is $8 per unit, and the cost of carrying a unit in inventory from one month to the next is $2. January February March April May Forecast 500 750 1200 650 300 Beginning Inventory 100 Regular Time Overtime Subcontracting Ending Inventory The labor contract at the plant prohibits both overtime and subcontracting output to exceed 300 units in any five month window. The plant capacity is 500 units per month produced using two shifts, regardless of the number of days in a month. By policy, management wants to avoid stockouts. Formulate the aggregate plan using linear programming and solve it using Solver.
Lot sizing A producer with one product faces the following forecasted demand for the next 10 weeks: week 1. 2. 3. 4. 5. 6. 7. 8. 9. 10 Requirement 30 12 72 11 24 42 35 30 75 68 Assume furthermore that the producer faces a Set-up cost (K) equal to 132 each time production takes place and storage costs (h) of 0.6 per unit per week. a) Find the cost of the two extreme strategies Lot - for - lot (produce exactly what is needed in each period) and Produce - once (produce everything needed in the first period).
Using the scheduled receipts, calculate the ATP. There are zero units on hand.
pls answer ASAP

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Use the Hungarian method to determine the optimum assignment optimum cost. (i) (ii) $3 $6 $9 $2 $5 $7 $2 $6 $10 $1 $7 $6 $3 $9 $10 $3 $7 $5 $3 $8 $5 $2 $2 $2 $2 $6 $6 $4 $1 $4 $6 $4 $8 $7 $5 $2 $5 $6 $4 $8 $7 $3 $5 $7 $7 $2 $9 $2 $4 $6