Question: I need all the calculations and the exercise resolved differenciating PART A and PART B Question 4 ( 2 5 marks ) . Part A
I need all the calculations and the exercise resolved differenciating PART A and PART B Question marks
Part A
Carlow Manufacturing work days a week and weeks per year. They are moving to
kanbans to standardise production. Determine the size of the kanban size required for their
subassemblies and the number of kanbans needed from the following information:
Setup cost
Annual holding cost per subassembly
Daily production subassemblies
Annual Usage subassemblies
Lead time days
Safety stock days production
marks Part B
Home Furniture Ltd Have the following demand estimates:
Assuming stockouts cost per unit, inventory costs are per unit, and starting
and ending inventories are zero, evaluate the following scenarios:
Plan A
Produce at a steady rate of units per month and subcontract additional units at
per unit.
Plan B
Vary the workforce to produce the prior month's demand. The firm produced units in
June. The cost of hiring additional workers is per units produced. The cost of
layoffs is per units.
marks
Plan C
Increase the workforce to bring production up to a steady units per month. Use
overtime to a maximum of units per month. All remaining demand is to be met using a
subcontractor. Overtime cost is per unit.
Plan D
Keep the current workforce at a level capable of producing units monthly for the
months of July to September inclusively. From October increase capacity to units and
use inventory to absorb additional units.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
