The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months
Posted: Sun May 08, 2022 8:01 pm
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 2,200 February 1,500 June 2,100 March 1,700 July 1,900 April 1,700 August 1,300 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 $70 per unit. Inventory holding cost is $25 per unit per month. Ignore any idle-time costs. Evaluate the following plan This exercise contains only Plan E Plan E: Keep the current workforce, which is producing 1,600 units per month, and subcontract to meet the rest of the demand. Subcontract cost is $80 per unit Plan E Demand Production (Units) Subcontract (Units) Month 0 December 1 January 2 February 3 March 4 April 5 May 6 June 7 July 8 August 1,500 1,500 1,700 1,700 2.200 2.100 1,900 1,300 1,600 1,600 1,600 1,600 1,600 1,600 1,600 1,600 이 0 400 500 300 0 Ending Inventory 200 100 200 200 200 200 200 300 300 The total subcontracting cost = $96000). (Enter your response as a whole number) The total inventory holding cost for January through August = $ 37500). (Enter your response as a whole number) The total cost, excluding normal time labor costs, for Plan E= $ (Enter your response as a whole number)
The total subcontracting cost = $ 96000. (Enter your response as a whole number.) The total inventory holding cost for January through August = $ 37500. (Enter your response as a whole number.) The total cost, excluding normal time labor costs, for Plan E = $(Enter your response as a whole number.)
is .ee nit Sul Please copy and paste data from text area below. Selected delimiter: Tab Month Demand Regular Time Capacity Overtime Capacity January 1,500 1,6000 500 February 1,500 1,600 0 500 March 1,700 1,600 0 500 April 1,700 1,600 0 500 May 2,200 1,600 0 500 June 2,100 1,600 0 500 July 1,900 1,600 0 500 August ,300 1,600 0 500 Done
The total subcontracting cost = $ 96000. (Enter your response as a whole number.) The total inventory holding cost for January through August = $ 37500. (Enter your response as a whole number.) The total cost, excluding normal time labor costs, for Plan E = $(Enter your response as a whole number.)
is .ee nit Sul Please copy and paste data from text area below. Selected delimiter: Tab Month Demand Regular Time Capacity Overtime Capacity January 1,500 1,6000 500 February 1,500 1,600 0 500 March 1,700 1,600 0 500 April 1,700 1,600 0 500 May 2,200 1,600 0 500 June 2,100 1,600 0 500 July 1,900 1,600 0 500 August ,300 1,600 0 500 Done