June The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 mo

[answerhappygod]

June The President Of Hill Enterprises Terri Hill Projects The Firm S Aggregate Demand Requirements Over The Next 8 Mo 1 (92.17 KiB) Viewed 29 times

June The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: January 1,500 May 2,300 February 1,700 2,100 March 1,700 July 1,900 April 1,700 August 1,500 Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales is $100 per unit. Inventory holding cost is $25 per unit per month. Ignore any idle-time costs. The plan is called planc Plan C: Keep a stable workforce by maintaining a constant production rate equal to the average gross requirements excluding initial inventory and allow varying Inventory levels Conduct your analysis for January through August. The average monthly demand requirement - unils. (Enter your response as a whole number.) ( In order to arrive at the costs, first compute the ending inventory and stockout units for each month by filling in the table below (anter your responses as whole numbers). . Stockouts (Units) ) Period Month 0 0 December 1 January 2 February 3 March 4 4 April 5 May 6 June 7 July 8 August Ending Demand Production Inventory 200 1,500 1,800 1.700 1,800 1.700 1,800 1,700 1,800 2.300 1.800 2,100 1,800 1,900 1,800 1.500 1.800 The total stockout cost = $ (Enter your response as a whole number) The total inventory carrying cost = $_. (Enter your response as a whole number.) a The total cost, excluding normal time labor costs, is - $ (Enter your response as a whole number:)