This topic contains a solution. Click here to go to the answer

Author Question: A manufacturing firm uses a production-planning horizon of four quarters. It allows for regular ... (Read 45 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
A manufacturing firm uses a production-planning horizon of four quarters. It allows for regular time, overtime, and subcontracting production to meet the demand. Anticipation inventory is also allowed, but not backorders. The beginning or current inventory is 100 units. As a managerial policy, the firm also wishes to have an ending inventory of 70 units at the end of the fourth quarter.



The transportation method has been used to develop a suitable aggregate plan. The optimal production plan, given the demand forecasts, costs, and capacities, is depicted above. Use this optimal production plan to answer the following questions.
a. What will be the total ending inventory in the first quarter after the first quarter's demand is satisfied?
b. What is the overtime production in the fourth quarter?
c. What is the unused regular-time capacity in the third quarter?
d. In which quarter(s) is(are) the subcontracting option(s) used?
e. What is the total cost of the optimal production plan?
f. What is the demand forecast for quarter 3?
g. What is the demand forecast for quarter 4?
h. What is the inventory carrying cost in dollars per unit per quarter?
i. What is the overtime cost in dollars per unit?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by vicky on Apr 18, 2020

akemokai

  • Sr. Member
  • ****
  • Posts: 347
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




vicky

  • Member
  • Posts: 586
Reply 2 on: Apr 18, 2020
Thanks for the timely response, appreciate it


jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

For a complete list of videos, visit our video library