Right now is Oct 27, 2021. You are developing an aggregate production plan for 2022. Suppose...
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Right now is Oct 27, 2021. You are developing an aggregate production plan for 2022. Suppose the beginning inventory at the first quarter of 2022 is estimated to be 142 units. The forecasted demand for Quarter 1 through Quarter 4 of 2022 are 1,203, 995, 1,311, and 1.193 units, respectively. The regular-time production in Quarter 4 2021 is 1.012 units. The ending inventory in Quarter 4 2021 is 142 units. The cost of regular-time production is $69 per unit while the cost of overtime production per unit is 38% more than the cost of regular-time production per unit. The cost of decreasing regular-time production is $28 per unit. The cost of increasing regular-time production is $39 per unit. You want to use the chase production plan without overtime and the demand in each quarter must be satisfhed. What is the decrease in regular-time production (if any) in Quarter 2 of 20227 Right now is Oct 27, 2021. You are developing an aggregate production plan for 2022. Suppose the beginning inventory at the first quarter of 2022 is estimated to be 142 units. The forecasted demand for Quarter 1 through Quarter 4 of 2022 are 1,203, 995, 1,311, and 1.193 units, respectively. The regular-time production in Quarter 4 2021 is 1.012 units. The ending inventory in Quarter 4 2021 is 142 units. The cost of regular-time production is $69 per unit while the cost of overtime production per unit is 38% more than the cost of regular-time production per unit. The cost of decreasing regular-time production is $28 per unit. The cost of increasing regular-time production is $39 per unit. You want to use the chase production plan without overtime and the demand in each quarter must be satisfhed. What is the decrease in regular-time production (if any) in Quarter 2 of 20227
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Given that Guater 1 ofe 2022 Beginning in ventory 142 units Quater 1 of 2022s fore Cast... View the full answer
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Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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