Hello dear,can you help with this questions?my item choosed is jacketthanks. Laflamme Inc. is producing fire fighter suits. The sales forecast for the coming 6 months are:May650January900February950Stock carrying costBack orders costLayoff costHiring costHourly wage cost for regular timeHourly wage cost for overtimeSelling priceNotesAt the beginning of January, Lafamme Inc. is keeping 250 suits in stock and 8 employees working 8 hoursper day. It takes 2 hours/person to produce one suit. The remaining stocks at the end of June will be soldat 40% of their value. You have the following information:January90020PLAN BMonthsPART 1 (SOP)February95018March750QUESTIONSA. Use a Level Capacity Strategy plan without overtime and without new employees.PLAN AMonthsForecastWorkingdaysCalculate costs according to this strategy.January90020February95018April950March7502010$ per unit per month40$ per unit per month250$ per employee200$ per employee20$30$1925$March75020Backorders units are non-cumulative We cannotsell units that we do not have!April95021B. Second, use a Hybrid Level Strategy Plan using overtime in order to reduce total cost andincrease your profits.April95021June550May65021ForecastWorkingdaysCalculate the costs for this new hybrid strategy using overtime.May65021June55020June55020 C. Use a Hybrid Chase Strategy Plan using layoff and hiring in order to reduce cost and increaseprofits.PLAN CMonthsForecastWorkingdaysCalculate the costs for this new strategy.January90020PLANMonthsForecastWorkingdaysFebruary95018January90020March75020February95018D. Do you have other options? (Produce an improved plan). Which one is the best planningstrategy? Analyze and compare all the plans and give your recommendations. Justify yourchoice.April95021March75020April95021May65021PART 2 (MRP, RCCP, BOM)June55020May65021June55020Question 1.Starting from LAFLAMME global production plan (SOP), produce a Master Plan (MRP) for one fire suitproduct (helmet, jacket, trouser, booths, respiratory unit, flashlight, fire extinguisher). You have totalcontrol over the plan constraints and information.Question 2.Starting from your Master Plan (MRP), supply the necessary information to calculate a RCCP using atleast 5 work centers. You have total control over the plan constraints and information.Question 3. Starting from LAFLAMME Master Plan, create a BOM for one specific product and calculatea minimum of 3 MRP with levels 1, 2, and 3 of the BOM. You have total control over the plan constraintsand information.

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Answered: Laflamme Inc. is producing fire fighter…

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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Demand for stereo headphones and music players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for this year was as follows: MONTH DEMAND (UNITS) January 4,150 February 4,250 March 3,950 April 4,350 May 4,950 June 4,650 July 5,250 August 4,850 September 5,350 October 5,650 November 6,250 December 5,950 a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.8. (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units should be held to meet this…
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EFE company manufactures and sells boats. The company's management accountant gathered the following data to prepare budgets for 2012; Direct Materials Requirements Material A 12 metres per boat Material B 14 square meter per boat Inventory data of Direct Materials are; Beginning Inventory Material A 5.000 meters Material B 2400 square meters Inventory data of Finished Goods are; Beginning Inventory Target Ending Inventory Вoats 1.000 units 3.000 units Moreover, unit purchase price of material A was $60 and unit purchase price of material B was $10. For the coming year 2021 it is expected that unit purchase price of material A will be $64 and unit purchase price of material B will not change. The company uses FIFO inventory method. Labor hours required to produce 1 boat is 3 hours and the company plans to pay S12 per hour. Company budgeted manufacturing overhead rate of $6 per labor hour. Finally, the company expects to sell 4000 boats in 2021 at an average unit selling price of $6000.…
The Shades Sunglass Company assembles sunglasses from frames, which it makes,and lenses, which it purchases from an outside supplier. The sales department hasprepared the following 6-week forecast for Ebony, a popular model. The sunglassesare assembled in lots of 220, and the opening inventory is 300 pairs. Complete theprojected available balance and the master production schedule.
Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January February 4,100 4,200 March 3,900 April 4,300 May 4,900 June 4,600 July 5,200 August 4,800 September 5,300 October 5,600 November 6,200 December 5,900
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Supply/Demand Info Predicted Sales Regular production Overtime production Subcontract production Ending inventory Hired employees Fired employees Total employees Cost variables are as follows: Cost Variables Labor cost/hour Overtime cost/ton Subcontracting costiton Holding cost ton/month Hiring cost employee Firing cost/employee Beginning Apr May 4,200 531 $20 $32 $25 $10 $3.700 $4.000 Jun 51,500 50.300 61,600 Here is some additional relevant (capacity) information: Capacity Information Total labor hours/ton Regular production tons/employee/month Max regular production (tons/month) Max overtime production (tons/month) Max subcontractor production (tons/month) 3 100 56,700 3,700 6,000 Jul Aug Sep 45,400 56.600 62,800 Given the above information (and don't overlook beginning number of employees and inventory levels in the first table), create a LEVEL production plan with only the use of regular production and no inventory left over at the end of the six-month period. What is the regular…
Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,120 February 4,220 March 3,920 April 4,320 May 4,920 June 4,620 July 5,220 August 4,820 September 5,320 October 5,620 November 6,220 December 5,920 a. Using linear regression analysis, what would you estimate demand to be for each month next year? (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units should be held to meet this level of confidence? (Do not round intermediate calculations. Round…

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