Question: 3. In the plant, standards indicate that one worker can assemble 200 computers per month. It costs about $500 to produce a computer. Holding one

3. In the plant, standards indicate that one

3. In the plant, standards indicate that one worker can assemble 200 computers per month. It costs about $500 to produce a computer. Holding one computer in inventory for a month costs $50. Workers earn $700 per month and can be hired for $80, fired for $150. Currently, there are 5 workers in the company and 100 computers in the inventory. Company needs to carry min inventory of 100 at the end of May. a. Develop a minimum inventory plan. What is the total cost? (15 pts) Month Jan Feb Mar Apr May Demand 800 750 900 800 750 Total Cost b. Develop a constant work force plan with no backorders. What is the total cost? (15 pts) Month Jan Feb Demand 800 750 900 800 750 Mar May Total Cost=

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!