Answer format: Number: Round to: 2 decimal places. If 292.00 units are made and demand is 233.00. You can sell leftovers for $2.00 per unit. Your variable expensefor each unsatisfied customes is $1.12 Based on this, your unhappy customer expense will be:

Given data: Total made units = 292 unitsDemand = 233 unitsSelling price for leftover units = $2 per…

Answered: of 292.00 units are made and demand is…

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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Economies of scale, production techniques, product design and managerial efficiency are all examples of important O value drivers O cost curves O cost drivers O value curves
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…
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of 292.00 units are made and demand is 233.00. You can sell leftovers for $2.00 per unit. Your variable expense for each unsatisfied customes is $1.12 Based on this, your unhappy customer expense will be: