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(a) Show what would happen if this plan were implemented. (b) Calculate the costs associated with this plan. (c) Evaluate the plan in terms of cost, customer service, operations, and human resources.

(a) Show what would happen if this plan were implemented. (b) Calculate the costs associated with this plan. (c) Evaluate the plan in terms of cost, customer service, operations, and human resources.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Develop a chase aggregate plan using hires and fi res to adjust
the capacity for Draper. All demand must be met each period.
(a) Show what would happen if this plan were implemented.
(b) Calculate the costs associated with this plan.
(c) Evaluate the plan in terms of cost, customer service,
operations, and human resources.

Draper Tax Company Problem Data Cost data Regular-time labor cost per hour Overtime labor cost per hour Temporary worker cost per hour Hiring cost per permanent worker Firing cost per permanent worker Backorder cost $25.00 $37.50 $40.00 $2000.00 $1200.00 $500.00
Transcribed Image Text:Draper Tax Company Problem Data Cost data Regular-time labor cost per hour Overtime labor cost per hour Temporary worker cost per hour Hiring cost per permanent worker Firing cost per permanent worker Backorder cost $25.00 $37.50 $40.00 $2000.00 $1200.00 $500.00
Capacity data Beginning workforce Labor standard per service Regular-time hours per period Overtime hours per period 12 employees 12 hours 40 hours 8 hours Demand Data Week 1 48 clients Week 4 40 clients Week 2 36 clients Week 5 38 clients Week 3 50 clients Week 6 48 clients
Transcribed Image Text:Capacity data Beginning workforce Labor standard per service Regular-time hours per period Overtime hours per period 12 employees 12 hours 40 hours 8 hours Demand Data Week 1 48 clients Week 4 40 clients Week 2 36 clients Week 5 38 clients Week 3 50 clients Week 6 48 clients
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