Introduction To Materials Management 8th edition Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen - Solutions

Because of its labor contract, a company must hire enough labor for 100 units of production per week on one shift or 200 units per week on two shifts. It cannot hire, lay off, or assign overtime. During the fourth week, workers will be available from another department to work part or all of an
A company wants to develop a level production plan for a family of products. The opening inventory is 500 units, and a decrease to 250 units is expected by the end of the plan. The demand for each of the months is given in what follows. How much should the company produce each month? What will be
A company wants to develop a level production plan for a family of products. The opening inventory is 100 units, and an increase to 130 units is expected by the end of the plan. The demand for each month is given in what follows. Calculate the total production, daily production, and production and
If the cost of carrying inventory is $60 per unit per period and stockout cost $500 per unit, what will be the cost of the plan developed in problem 2.9a? What will be the cost of the plan developed in 2.9c?a. What production rate per period will give a zero inventory at the end of period 4?c. What
A company wants to develop a level production plan. The beginning inventory is zero. Demand for the next four periods is given in what follows.a. What production rate per period will give a zero inventory at the end of period 4?b. When and in what quantities will backorders occur?c. What level
A company wants to develop a level production plan for a family of products. The opening inventory is 550 units, and a decrease to 200 units is expected by the end of the plan. The demand for each of the periods is given in what follows. All periods have the same number of working days. How much
A company wants to develop a level production plan for a family of products. The opening inventory is 100 units, and an increase to 150 units is expected by the end of the plan. The demand for each period is given in what follows. How much should the company produce each period? What will be the
A company plans to produce 25,000 units in a 3-month period. The months have 22, 21, and 20 working days, respectively. What should the average daily production be?
A company wants to produce 480 units over the next three months at a uniform rate. The months have 19, 20, and 21 working days, respectively. On the average, how much should the company produce each day to level production?
If the opening inventory is 400 units, demand is 900 units, and production is 700 units, what will be the ending inventory?
Amalgamated Fenderdenter’s sales are $10 million. The company spends $3.5 million for purchase of direct materials and $2.5 million for direct labor; overhead is $3.5 million and profit is $500,000. Direct labor and direct material vary directly with sales, but overhead does not. The company
On the average, a company has a work-in-process lead time of 10 weeks and annual cost of goods sold of $30 million. Assuming that the company works 50 weeks a year:a. What is the dollar value of the work-in-process?b. If the work-in-process could be reduced to 5 weeks and the annual cost of
On the average, a firm has an 8-week lead time for work-in-process, and annual cost of goods sold is $12 million. Assuming that the company works 50 weeks a year:a. What is the dollar value of the work-in-process?b. If the lead time could be reduced to 6 weeks, what would be the reduction in WIP?
In problem 1.1, how much would sales have to increase to provide the same increase in profits?In ProblemIf the cost of manufacturing (direct material and direct labor) is 60% of sales and profit is 10% of sales, what would be the improvement in profit if, through better planning and control, the
If the cost of manufacturing (direct material and direct labor) is 60% of sales and profit is 10% of sales, what would be the improvement in profit if, through better planning and control, the cost of manufacturing was reduced from 60% of sales to 50% of sales?

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