Can you please use xcel and show me how you calculated the info. Especially for the Hired
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Can you please use xcel and show me how you calculated the info. Especially for the Hired and Fired employees. I am struggling with that part.
PP.52A manufacturer of solid state drives (SSDs) has projected the next six months of demand to be as shown the table below: | |||||||
Supply/Demand Info | Beginning | Jan | Feb | Mar | Apr | May | Jun |
Forecast (demand) | 56,200 | 47,200 | 64,600 | 56,600 | 45,400 | 57,000 | |
Regular production | |||||||
Overtime production | |||||||
Subcontract production | |||||||
Ending inventory | 7,000 | ||||||
Hired employees | |||||||
Fired employees | |||||||
Total employees | 200 | ||||||
Cost variables are as follows: | |||||||
Cost Variables | |||||||
Labor cost/hour | $18 | ||||||
Overtime cost/unit | $35 | ||||||
Subcontracting cost/unit | $31 | ||||||
Holding cost/unit/month | $14 | ||||||
Hiring cost/employee | $3,500 | ||||||
Firing cost/employee | $5,100 | ||||||
Here is someadditional relevant (capacity) information: | |||||||
Capacity Information | |||||||
Total labor hours/SSD | 4 | ||||||
Regular production units/employee/month | 200 | ||||||
Max regular production/month | 56,800 | ||||||
Max overtime production/month | 3,600 | ||||||
Max subcontractor production/month | 5,600 | ||||||
What is theoverall total costfor this production plan? (Displayyour answer to thenearestwhole number.) | |||||||
What is the totalregular productioncostfor this production plan? (Displayyour answer to the nearestwhole number.) | |||||||
What is thetotal holdingcostfor this production plan? (Displayyour answer to the nearestwhole number.) | |||||||
What is thetotal hirecostfor this production plan? (Displayyour answer to the nearestwhole number | |||||||
What is thetotal firecostfor this production plan? (Displayyour answer to the nearestwhole number.) |
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