May 8,000 Jan Feb March Apr 2,000 June 4,000 8,000 6,000 2,000 Current work force 10 workers Production per worker Inventory holding cost Regular wage rate Overtime wage rate Sub-contracting (S/c) cost Hiring cost Firing cost Beginning inventory 200 units per month s0.30 per case per month $20.00 per hour $30.00 per hour $40.00 per hour $1,200 per worker $2,400 per worker 3000 units Ending Inventory Mth Regular Production Overtime Sic Workers H Demand F Jan 4,000 Feb 8,000 March 6,000 Apr 2,000 Мay 8,000 June 2,000 Total 30,000
May 8,000 Jan Feb March Apr 2,000 June 4,000 8,000 6,000 2,000 Current work force 10 workers Production per worker Inventory holding cost Regular wage rate Overtime wage rate Sub-contracting (S/c) cost Hiring cost Firing cost Beginning inventory 200 units per month s0.30 per case per month $20.00 per hour $30.00 per hour $40.00 per hour $1,200 per worker $2,400 per worker 3000 units Ending Inventory Mth Regular Production Overtime Sic Workers H Demand F Jan 4,000 Feb 8,000 March 6,000 Apr 2,000 Мay 8,000 June 2,000 Total 30,000
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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Question
(b) Use a level production strategy.
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