ABсDEFGHJ1234567FCB Inc. has the following aggregate demand requirements and other data for the upcoming four quarters:Production Data (in units)Previous quarter's output6 Beginning inventory8 Cost Data (per unit)Stockout cost15000910 Inventory holding cost (at the end of the quarter)$11 Hiring workers12 Firing workers$13 Unit cost1415Overtime$sssss es ese$50.0010.00$40.0080.00$30.0015.0016 Quarter Demand171819202131222222234567820332912341,4001,2001,5001,300Time periodDemandRegularOvertimeProductionProductionEndingInventoryAvailableinventory Lost saleBackorder/Change inproduction/workersIncrease inproduciton (HirePrevious PlanQ1Q2Q3Q4Total:Cost:Total cost of plan:

Answered: FCB Inc. has the following aggregate…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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LMNO Gaskets has formulated a production plan for a product to meet demand over the upcoming four quarters. Demand in each of the four quarters and production, overtime, and subcontracting capacities are reported in the table below, in addition to the feasible production plan. The relevant costs are: • Regular time production cost is $10/unit. Overtime production cost is $14/unit. Subcontracting cost is $18/unit Inventory is held at a cost of $1/unit/quarter. • Units may be backordered at a cost of $4/unit/quarter. Production Resource Regular Time Q1 Overtime Q1 Subcontract Q1 Regular Time Q2 Overtime Q2 Subcontract Q2 Regular Time Q3 Overtime Q3 Subcontract Q3 Demand in Quarter Demand in Quarter Q2 0 20 0 550 Q1 550 230 0 0 0 0 40 40 0 860 250 470 0 40 0 1330 What is the inventory cost for the year? What is the backorder cost for the year? What is the total cost for the year? Q3 0 0 0 0 0 30 510 160 0 700 What is the total overtime production cost for the year? Capacity 550 250 500…
The table above provides the aggregate plan of production by a firm. It is known that the firm uses a level plan with backorders. Given this information, what is the number in the cell with the question mark?
Fanning Company and Finch Company both apply overhead to the Work in Process Inventory account using direct labor hours. The following information is available for both companies for the year. Actual manufacturing overhead Actual direct labor hours Underapplied overhead Overapplied overhead) Required Fanning Company Finch Company $ 145,750 $ 261,600 23,000 27,000 10,500 $ 21,000 a. Compute the predetermined overhead rate for each company. b. Using T-accounts, record the entry to close the overapplied or underapplied overhead at the end of the accounting period for each company, assuming the amounts are immaterial.
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Id-6c An aggregate plan provides justification for: Select one: a. the budget amount requested b. demand for individual products c. demand for product families d. the demand for the parts of each product and. number of customers
a) GOT7 Soda Pop, Inc., has a new fruits drink. The production planner has assembled the following cost data and demand forecast as follow: [GOT7 Soda Pop, Inc., mempunyai minuman buah-buahan yang baru, Perancang pengeluaran telah mengumpul data tentang kos dan ramalan permintaan seperti berikut:] Quarter Demand 1,800 First Second 1,200 Third 1,600 Fourth 1,300 Table 1: Cost and demand forecast [Jadual 1: Kos dan ramalan permintaan] Previous quater's output 1,300 cases Beginning inventory 0 cases Stockout cost Inventory holding cost Hiring employees Terminating employees Subcontracting cost Unit cost on regular time Overtime cost RM150 RM40 per case at the end of quater RM40 per case RM80 per case RM60 per case RM30 per case RM15 extra per case You as the production planner need to develop an aggregate planning. You are required to: [Anda sebagai perancang pengeluaran perlu membangunkan perancangan agregat Anda dikehendaki untuk:] i) Assess plan A: strategy that hires and fires…
The table above provides the aggregate plan of production by a firm. It is known that the firm uses a level plan with backorders. Given this information, what is the number in the cell with the question mark?
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Q2) Eagle Fabrication has the following aggregate demand requirements and other data for the upcoming four quarters. Quarter Demand Previous quarter's output 1500 units 1 1400 Beginning inventory 200 units 2 1000 Stockout cost $50 per unit 3 1500 Inventory holding cost $8 per unit at end of quarter 4 1300 Hiring workers $5 per unit Laying off workers $10 per unit Unit cost $30 per unit Overtime $10 extra per unit Which of the following production plans is better: Plan A—chase demand by hiring and layoffs; or Plan B—produce at a constant rate of 1200 and obtain the remainder from overtime? Finish the calculation. image
Vartan Information Technologies has a division called Useless Transistors. It is considering an « overhaul » of Useless Transistors’ operations or moving Useless overseas. Inventory management is receiving considerable attention. Vartan collected data for the years 2014, 2015, and a forecast for 2016. This data is provided below. What would be Useless Transistors’ weeks of supply for 2015? Projected 2014 2015 2016 Sales $127,890,000 $148,900,000 $192,340,000 Beginning Inventory $3,897,234 $5,467,983 $6,183,230 Ending Inventory $5,467,983 $6,183,230 $4,654,129 Cost of Goods Sold $16,876,400 $20,376,548 $22,346,786 Group of answer choices

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