Question: help please!! Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost

help please!! help please!! Her operations manager is

Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales is S65 per unit. Inventory holding cost is $20 per unit per month. Ignore any idle-time costs. Evaluate the following plan. This exercise contains ony Plan D. Plan D: Keep the current workforce stable at producing 1,600 units per month. In addition to the regular production, another 20% of the nomal production units can be produced in overtime at an additional cost of $55 per uni. A warehouse now constrains the maximum allowable inventory on hand to 600 units or loss. Note: Do not produce in overtime if production or inventory are adequate to cover demand. The total overtime production cost =$ (Enter your response as a whole number.) The total inventory holding cost for January through August =$ (Enter your response as a whale number.) The total stockout cost =S (Enter your response as a whole number.) The total cost, excluding normal time labor costs, for Plan D=$ (Enter your response as a whole number.)

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!

I need help with question 13.6! I need the steps in order to understand it better! thanks! 13.6 Hill's operations manager (see Problems 13.3 through 13.5) is also considering two mixed strategies for...

CALCULATIONS NEEDED The president of Hill Enterprises, Terri Hill, projects the firms aggregate demand requirements over the next 8 months as follows: Her operations manager is considering a new...

(a) The president of Zara Enterprises, Ray Zara, projects the firm's aggregate demand requirements over the next 8 months as follows: January 1400 May 2200 February 1600 June 2200 March 1800 July...

Q6. XYZ Company has gone out on bid for a regulator component. Expected demand is 8,400 units per year. The item can be purchased from either Allen Manufacturing or Baker Manufacturing. Their price...

Q1) The president of Hill Enterprises , Terri Hill, projects the firms aggregate demand requirements over the next 8 months as follows: Her operations manager is considering a new plan, which begins...

Hills operations manager (see Problems 13.3 through 13.5) is also considering two mixed strategies for January August: Produce in overtime or subcontracting only when there is no inventory. Plan D:...

The president of Hill Enterprises, Terri Hill, projects the firms aggregate demand requirements over the next 8 months as follows: Jan. 1,400 May 2,200 Feb. 1,600 June 2,200 Mar. 1,800 July 1,800...

Anyone have 13.3 - 13.6? 3. ... 13.3 The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: Jan. 1,400 May 2,200 Feb....

What is the NPV of office development if construction costs increase to $355,000? Assume that the opportunity cost of capital is 12 percent. Is development still a worthwhile investment? How high can...

The following compounds have the same molecular formulas (C4H10). Which one would you expect to have a higher boiling point?

M - Graham Company manufactures one product and has a standard cost system. In March the company had the following experience: Direct Materials Direct Labor Actual $ / unit of input ( lbs . & hrs . )...

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...