OPERATIONS MANAGEMENT CUSTOM ACCESS
OPERATIONS MANAGEMENT CUSTOM ACCESS
11th Edition
ISBN: 9780135622438
Author: KRAJEWSKI
Publisher: PEARSON EDUCATION (COLLEGE)
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Chapter 10, Problem 4P

a

Summary Introduction

Interpretation: Quarterly production rate which minimize the anticipatory inventory is to be determined.

Concept Introduction:

Anticipatory production is the stock kept by firms to meet uncertain demand or any increase in price of inputs or any uncertain situation.

b

Summary Introduction

Interpretation: The Anticipatory gallons that will be produced are to be specified.

Introduction:

Anticipatory production is the stock kept by firms to meet uncertain demand or any increase in price of inputs or any uncertain situation.

c

Summary Introduction

Interpretation: Level of production rate required is to be determined.

Introduction:

Anticipatory production is the stock kept by firms to meet uncertain demand or any increase in price of inputs or any uncertain situation.

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Plan production for a four-month period: February through May.  For February and March, you should produce to exact demand forecast.  For April and May, you should use overtime and inventory with a stable workforce; stable means that the number of workers needed for March will be held constant through May.  However, government constraints put a maximum of 5,000 hours of overtime labor per month in April and May (zero overtime in February and March). If demand exceeds supply, then backorders occur.  There are 100 workers on January 31.  You are given the following demand forecast: February, 90,000; March 65,000; April 110,000; May, 55,000.  Productivity is four units per worker hour, eight hours per day, 20 days per month.  Assume zero inventory on February 1.  Costs are hiring, $50 per new worker; layoff, $70 per worker laid off; inventory holding, $10 per unit-month; straight-time labor, $10 per hour; overtime, $15 per hour; backorder, $20 per unit a. Find the total cost of this plan?
Plan production for a four-month period: February through May. For February and March, you should produce to exact demand forecast. For April and May, you should use overtime and Inventory with a stable workforce; stable means that the number of workers needed for March will be held constant through May. However, government constraints put a maximum of 5,000 hours of overtime labor per month in April and May (zero overtime in February and March). If demand exceeds supply, then backorders occur. There are 100 workers on January 31. You are given the following demand forecast: February, 80,640; March, 67,200; April, 100,280; May, 40,280. Productivity is four units per worker hour, eight hours per day, 21 days per month. Assume zero Inventory on February 1. Costs are: hiring, $50 per new worker, layoff, $70 per worker laid off, Inventory holding, $11 per unit-month; regular time labor, $12 per hour; overtime, $18 per hour; backorder, $22 per unit. Develop a production plan and calculate…
Jill wants you to consider a hybrid aggregate plan, usingup to the maximum overtime per employee for any periodwhere demand cannot be satisfi ed with the current regular-timeproduction and the available inventory. Back orders can occur.(a) Show what would happen if this plan were implemented.(b) Calculate the costs associated with this plan.(c) Evaluate the plan in terms of cost, customer service,operations, and human resources
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