Question: Please help with the ones marked wrong Problem 4-19 The Silver Star Bicycle Company will be manufacturing both men's and women's models of its Easy-Pedal

Please help with the ones marked wrong
Problem 4-19 The Silver Star Bicycle Company will be manufacturing both men's and women's models of its Easy-Pedal 10-speed bicycles during the next two months. Management wants to develop a production schedule indicating how many bicycles of each model should be produced in each month. Current demand forecasts call for 150 men's and 125 women's models to be shipped during the first month and 200 men's and 150 women's models to be shipped during the second month. Additional data are shown: Model Men's Women's Production Costs $120 $90 Labor Requirements (hours) Manufacturing Assembly 2.0 1.5 1.6 Current Inventory 20 30 1.0 Last month the company used a total of 1000 hours of labor. The company's labor relations policy will not allow the combined total hours of labor (manufacturing plus assembly) to increase or decrease by more than 100 hours from month to month. In addition, the company charges monthly inventory at the rate of 2% of the production cost based on the inventory levels at the end of the month. The company would like to have at least 25 units of each model in inventory at the end of the two months. a. Establish a production schedule that minimizes production and inventory costs and satisfies the labor-smoothing, demand, and inventory requirements. What inventories will be maintained, and what are the monthly labor requirements? If required, round your answers to the nearest whole number. If an amount is zero, enter "0" Production schedule: The optimal solution is to produce 193 of the men's model in month 1, 162 of the men's model in month 2, 95 units of the women's model in month 1, and 175 of the women's model in month 2. Total Cost = $ 67,156 Inventory Schedule 63 Men's 0 Month 1 Women's Month 2 25 Men's 25 Women's Labor Levels Previous month 1,000 hours Month 1 922.5 hours Month 2 1,022 hours b. If the company changed the constraints so that monthly labor increases and decreases could not exceed 50 hours, what would happen to the production schedule? If required, round your answers to the nearest whole number. Production schedule: The optimal solution is to produce 201 of the men's model in month 1, 50 X of the men's model in month 2, 154 X units of the women's model in month 1, and 175 of the women's model in month 2. Total Cost = $ 67,175 How much will the cost increase? $ 19.2 what would nou Yocommand? Problem 4-19 The Silver Star Bicycle Company will be manufacturing both men's and women's models of its Easy-Pedal 10-speed bicycles during the next two months. Management wants to develop a production schedule indicating how many bicycles of each model should be produced in each month. Current demand forecasts call for 150 men's and 125 women's models to be shipped during the first month and 200 men's and 150 women's models to be shipped during the second month. Additional data are shown: Model Men's Women's Production Costs $120 $90 Labor Requirements (hours) Manufacturing Assembly 2.0 1.5 1.6 Current Inventory 20 30 1.0 Last month the company used a total of 1000 hours of labor. The company's labor relations policy will not allow the combined total hours of labor (manufacturing plus assembly) to increase or decrease by more than 100 hours from month to month. In addition, the company charges monthly inventory at the rate of 2% of the production cost based on the inventory levels at the end of the month. The company would like to have at least 25 units of each model in inventory at the end of the two months. a. Establish a production schedule that minimizes production and inventory costs and satisfies the labor-smoothing, demand, and inventory requirements. What inventories will be maintained, and what are the monthly labor requirements? If required, round your answers to the nearest whole number. If an amount is zero, enter "0" Production schedule: The optimal solution is to produce 193 of the men's model in month 1, 162 of the men's model in month 2, 95 units of the women's model in month 1, and 175 of the women's model in month 2. Total Cost = $ 67,156 Inventory Schedule 63 Men's 0 Month 1 Women's Month 2 25 Men's 25 Women's Labor Levels Previous month 1,000 hours Month 1 922.5 hours Month 2 1,022 hours b. If the company changed the constraints so that monthly labor increases and decreases could not exceed 50 hours, what would happen to the production schedule? If required, round your answers to the nearest whole number. Production schedule: The optimal solution is to produce 201 of the men's model in month 1, 50 X of the men's model in month 2, 154 X units of the women's model in month 1, and 175 of the women's model in month 2. Total Cost = $ 67,175 How much will the cost increase? $ 19.2 what would nou YocommandStep by Step Solution
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