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as or commas A/ A/ << < A 2 A A Answers should be whole numbers. Hi Hi Hi

as or commas A/ A/ << < A 2 A A Answers should be whole numbers. Hi Hi Hi

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Required: Find the Minimum Cost Production Plan by Creating a Spreadsheet in Excel. Use Solver to find the Minimum Cost Solution. Leave a copy of your Spreadsheet in the DropBox. Total Cost Month 1 = ,6670) Total Cost Month 2 = ,8890) Total Cost Month 3 = Total Cost Month 4 = Total Cost Month 5= ,5260) Total Cost Month 6= A A A A A A A/ Total Cost All Periods = ,40490) Answer Format: No Dollar (S) signs or commas- Answers should be whole numbers. Hint: Range (6550 Hint: Range (8820 Hint: Range (5220 Hint: Range (3929C
Transcribed Image Text:Required: Find the Minimum Cost Production Plan by Creating a Spreadsheet in Excel. Use Solver to find the Minimum Cost Solution. Leave a copy of your Spreadsheet in the DropBox. Total Cost Month 1 = ,6670) Total Cost Month 2 = ,8890) Total Cost Month 3 = Total Cost Month 4 = Total Cost Month 5= ,5260) Total Cost Month 6= A A A A A A A/ Total Cost All Periods = ,40490) Answer Format: No Dollar (S) signs or commas- Answers should be whole numbers. Hint: Range (6550 Hint: Range (8820 Hint: Range (5220 Hint: Range (3929C
Aggregate Planning Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time, overtime, subcontract and backorders. Regular time is limited to 170 units per month (Cost per Unit-$30). Overtime is limited to a maximum of 20 units per month (Cost per Unit -$45). Units purchased from the subcontractor (Cost per Unit = $54) cannot exceed 50 per month and the total purchases from the subcontractor over the 6 month period cannot be over 150 units. Backorders cannot exceed 40 units in any given month (Cost per Unit - $5) and must be no more than 30 in Period 6. Average Inventory Holding cost per Unit - $10. Forecasted Demand as well as Beginning and desired Ending Inventory are listed in the table below. = Regular Output Overtime Output Month Subcontract Beginning Inventory Total Available for Sale Less Forecast Plus Backlog-Current Period Less Backlog-Previous Period Ending Inventory Average Inventory 10 210 1 210 2 3 310 170 4 160 6 170 0 6 Total
Transcribed Image Text:Aggregate Planning Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time, overtime, subcontract and backorders. Regular time is limited to 170 units per month (Cost per Unit-$30). Overtime is limited to a maximum of 20 units per month (Cost per Unit -$45). Units purchased from the subcontractor (Cost per Unit = $54) cannot exceed 50 per month and the total purchases from the subcontractor over the 6 month period cannot be over 150 units. Backorders cannot exceed 40 units in any given month (Cost per Unit - $5) and must be no more than 30 in Period 6. Average Inventory Holding cost per Unit - $10. Forecasted Demand as well as Beginning and desired Ending Inventory are listed in the table below. = Regular Output Overtime Output Month Subcontract Beginning Inventory Total Available for Sale Less Forecast Plus Backlog-Current Period Less Backlog-Previous Period Ending Inventory Average Inventory 10 210 1 210 2 3 310 170 4 160 6 170 0 6 Total
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