Question: Jones Inc. is preparing an aggregate production plan for next year. The company expects demand to be 1800 units in quarter 1: 2,800 units in

Jones Inc. is preparing an aggregate production
Jones Inc. is preparing an aggregate production
Jones Inc. is preparing an aggregate production
Jones Inc. is preparing an aggregate production
Jones Inc. is preparing an aggregate production plan for next year. The company expects demand to be 1800 units in quarter 1: 2,800 units in quarter 2. 4.800 units in quarter 3. and 3,800 units in quarter 4. The company will have 250 units in inventory at the beginning of the year and desires to maintain at least that number at the end of each quarter as safety stock. Assume hiring and layoff firing. If necessary, occur at the beginning of the quarter, Other information Regular production labor cost $180 per unit Overtime production cost per unit = $270 Inventory carrying cost $15/unit/quarter based on quarter-ending Inventory Hiring cost $6,000 per worker Firing/layoff cost - $6,500 per worker Beginning number of workers = 15 Each worker can produce 100 units per quartet a-1. Given the planning Information develop a level production plan and a chase production plan. (Leave no cells blank - be certain to enter "0" wherever required.) Level production plan Quarter Demand Regular Production Overtime/Subcontract Production Ending Inventory Workers Required Fire layott 1 2 3 1.800 2.800 4.800 3,800 13200 4 Total 3-2. What is the total cost of a level plan? b-1. Given the planning information, develop a chase production plan utilizing hiring and firing. (Leave no cells blank - be certain to enter "o" wherever required.) Overtime/Subcontract Production Ending Inventory Workers Required Hire Fire tayoff Blo Prim Chase Plan Variable Workforce Quarter Demand Regular Production 1 1.800 2 2.800 3 4 800 4 3,800 Total 13,200 erences b-2. What is the total cost of a chase plan utilizing hiring and firing? c-1. Suppose Jones' management is reluctant to constantly change the workforce by hiring and firing. The company decides to hire seven additional workers at the beginning of the year. The company will build inventory in tow.demand months and use it in high- demand months. In addition, if necessary, overtime will be used to meet demand requirements if there is not sufficient inventory available (Leave no cells blank - be certain to enter "o" wherever required.) Quarter Regular Production Overtime/Subcontract Production Ending Inventory Workers Required Hire Fire layolt nes 1 2 3 Demand 1,800 2800 4,800 3.800 13.200 4 Total c-2. What is the total cost of this plan? coul

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