Question: the expert answer is missing output overtime, subcontract, inventory, backlog, costs overtime, subcontract, and backlog. I am not suppossed to have any blanks. can you

the expert answer is missing output overtime, subcontract, inventory, backlog, costs overtime,the expert answer is missing output overtime, subcontract, inventory, backlog, costs overtime, subcontract, and backlog. I am not suppossed to have any blanks. can you help me correct the expert answer?subcontract, and backlog. I am not suppossed to have any blanks. can

Problem 11-6 Manager Chris Channing of Fabric Mills, Inc., has developed the forecast shown In the table for bolts of cloth. The figures are In hundreds of bolts. The department has a normal capacity of 275 00) bolts per month, except for the seventh month, when capacity will be 250(00) bolts. Normal output has a cost of $40 per hundred bolts. Workers can be asslgned to other Jobs If production is less than normal. The beginning Inventory is zero bolts. Forecast 308 308 275 270 1,925 a. Develop a chase plan that matches the forecast and compute the total cost of your plan. Overtime is $60 per hundred bolts. Negative amounts should be Indicated by a minus sign. Leave no cells blank be certain to enter "O" wherever required. Omit the "$" sign in your response.) Forecast 300 300 278 Subcontract Output Forecast Deginning Ending Average Backlog Costs: Inventory Backorder Total b. Would the total cost be less with regular production with no overtime, but using a subcontractor to handle the excess above normal capacity at a cost of $50 per hundred bolts? Backlogs are not allowed. The Inventory carryling cost Is $2 per hundred bolts. (Round your Average valuesto 1 decimal place. Negative amounts should be Indicated by a minus sign. Leave no cells blank - be certaln to enter "O" wherever required. Omit the "$" sign in your response.) Forecast 258 300 258 308 288 270 Output Forecast Deginning Ending Average Backlog Costs: Backorder Total Problem 11-6 Manager Chris Channing of Fabric Mills, Inc., has developed the forecast shown In the table for bolts of cloth. The figures are In hundreds of bolts. The department has a normal capacity of 275 00) bolts per month, except for the seventh month, when capacity will be 250(00) bolts. Normal output has a cost of $40 per hundred bolts. Workers can be asslgned to other Jobs If production is less than normal. The beginning Inventory is zero bolts. Forecast 308 308 275 270 1,925 a. Develop a chase plan that matches the forecast and compute the total cost of your plan. Overtime is $60 per hundred bolts. Negative amounts should be Indicated by a minus sign. Leave no cells blank be certain to enter "O" wherever required. Omit the "$" sign in your response.) Forecast 300 300 278 Subcontract Output Forecast Deginning Ending Average Backlog Costs: Inventory Backorder Total b. Would the total cost be less with regular production with no overtime, but using a subcontractor to handle the excess above normal capacity at a cost of $50 per hundred bolts? Backlogs are not allowed. The Inventory carryling cost Is $2 per hundred bolts. (Round your Average valuesto 1 decimal place. Negative amounts should be Indicated by a minus sign. Leave no cells blank - be certaln to enter "O" wherever required. Omit the "$" sign in your response.) Forecast 258 300 258 308 288 270 Output Forecast Deginning Ending Average Backlog Costs: Backorder Total

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 Finance Questions!