Because of its labor contract a company must hire enough labor for 100units of production per...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Because of its labor contract a company must hire enough labor for 100units of production per week on one shift or 200 units per week on two shifts. They cannot hire layoff or work over time. During the fourth week workers will be available from another department to work part or all of an extra shift (up to 100 units). There is a planned shut down for maintenance in second week which will cut to half Develop a production plan the open inventory is 200 units and desired ending inventory is 300 units. Total production=300 +1080-200 = 1180 units Number of weeks available for production=5.5 (because week 2 is half week). Average weekly level production=1180/5 5 =2145 units'week The nearest quantity that can be producedis 200 units on two shifts. In the second week there is a shutdown so production in that week will be only 100 units Total production so far =5 x 200 + 100 = 1100 units. The balance of 80 units can be made in week four when extra helpis available. But when you make you have to make at least 100, so that week four's production will be 300. Therefore, total production is: (Please filling in the table below) Week 3. 4. 6. Total Forecast demand 120 160 240 240 160 160 1080 Planned Production Planned inventory 200 Finally, the ending inventory will not be 300 units, why? %24 2. Because of its labor contract a company must hire enough labor for 100units of production per week on one shift or 200 units per week on two shifts. They cannot hire layoff or work over time. During the fourth week workers will be available from another department to work part or all of an extra shift (up to 100 units). There is a planned shut down for maintenance in second week which will cut to half Develop a production plan the open inventory is 200 units and desired ending inventory is 300 units. Total production=300 +1080-200 = 1180 units Number of weeks available for production=5.5 (because week 2 is half week). Average weekly level production=1180/5 5 =2145 units'week The nearest quantity that can be producedis 200 units on two shifts. In the second week there is a shutdown so production in that week will be only 100 units Total production so far =5 x 200 + 100 = 1100 units. The balance of 80 units can be made in week four when extra helpis available. But when you make you have to make at least 100, so that week four's production will be 300. Therefore, total production is: (Please filling in the table below) Week 3. 4. 6. Total Forecast demand 120 160 240 240 160 160 1080 Planned Production Planned inventory 200 Finally, the ending inventory will not be 300 units, why? %24 2.
Expert Answer:
Answer rating: 100% (QA)
Total production required Ending inventory sum of forecast demand opening inventory 300108020... View the full answer
Related Book For
Introduction To Materials Management
ISBN: 978-9386873248
8th edition
Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen
Posted Date:
Students also viewed these economics questions
-
Because of its labor contract, a company must hire enough labor for 100 units of production per week on one shift or 200 units per week on two shifts. It cannot hire, lay off, or assign overtime....
-
True/False questions. Explain briefly only if your answer is false. (3 points each) 1. In Fishers two-period consumption model, an increase in the interest rate always increases the second- period...
-
Second Fourth Bank set up an independent planning department at corporate headquarters. This department is responsible for most aspects of budgeting (revenue and expense forecasting, profit planning,...
-
i) Starbucks launched its prepaid (debit) Starbucks Card in November 2001. The card, which holds between $5 and $500 can be used at any Starbucks location. Suppose Starbucks management wants to study...
-
An ammonia-water absorption refrigeration unit operates its absorber at 0C and its generator at 46C. The vapor mixture in the generator and absorber is to have an ammonia mole fraction of 96 percent....
-
Use the information for IBM from BE21-6. Assume the direct-financing lease was recorded at a present value of $150,000. Prepare IBMs December 31, 2012, entry to record interest.
-
A 2.5-in.-diameter flow nozzle meter is installed in a 3.8-in.-diameter pipe that carries water at \(160{ }^{\circ} \mathrm{F}\). If the air-water manometer used to measure the pressure difference...
-
Bruno Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer-aided design and manufacturing machine for $430,000. The company...
-
In 2016, Gotham City Council enacted a rent control law, which limited the rent that landlords were permitted to charge tenants, contingent upon the size and location of the rental unit, to provide...
-
Absorption Costing Versus Variable Costing. Prime, Inc., produces tricycles. The company has no finished goods inventory at the beginning of year 1. The following information pertains to Prime, Inc....
-
The assumption about production setup costs simplifies things by considering it a fixed cost, regardless of the batch size. However, larger batches may require a more complex setup, impacting costs....
-
Label each of the following statements true, false, or uncertain. Explain briefly. a. The interest rate parity condition means that interest rates are equal across countries. b. Other things being...
-
Label each of the following statements true, false, or uncertain. Explain briefly. a. The IS curve shifts to the right with an increase in \(G\), to the right with an increase in \(T\), and to the...
-
Vanguard is one of the worlds largest asset management companies. The firm has built a $7.2 trillion asset management empire by selling low-cost index funds to individual investors, primarily in...
-
We showed that a reduction in the interest rate in an economy operating under flexible exchange rates leads to an increase in output and a depreciation of the domestic currency. a. How does the...
-
Established in 1891 in Holland, Philips is one of the worlds oldest multinationals. The company began making lighting products and over time diversified into a range of businesses that included...
-
Current / flows into three resistors that are connected together one after the other, as shown in the top figure, below. The graph below shows the relative value of the potential across each resistor...
-
How has the globalization of firms affected the diversity of their employees? Why has increased diversity put an additional burden on accounting systems?
-
A work center has the following open and planned orders for week 4. Calculate the total standard time required (load). Order Quantity Setup Time (hours) Total Time Run Time (hours/piece) (hours)...
-
Given the following average demand for each month, calculate the seasonal indices for each month. Your answer, if done correctly, should have all the seasonal indices add up to the number of periods...
-
In problem 1.1, how much would sales have to increase to provide the same increase in profits? In Problem If the cost of manufacturing (direct material and direct labor) is 60% of sales and profit is...
-
In the second quarter of 2021, personal consumption expenditures, exports, and imports increased. Investment and government expenditure decreased. Real GDP increased by 6.5 percent following a 6.3...
-
When real GDP increased in the second quarter of 2021, consumption expenditure, exports, and imports increased. Fixed investment decreased, which included a decrease in business inventory investment....
-
Real exports of goods and services increased 6 percent in the second quarter of 2021, compared with a decrease of 2.9 percent in the first quarter of 2021. Real imports of goods and services...
Study smarter with the SolutionInn App