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Develop a production plan and calculate the annual cost for a firm who's demand forecast is fall, 10,000 units; winter, 8000 units, spring, 7000 units and summer, 12,000 units. Inventory at the beginning of fall is 500 units. At the beginning of fall, you currently have 30 workers, but you plan to hire temporary workers at the beginning of summer and lay them off by the end of summer. In addition, you have negotiated with the union an option to use the regular workforce on overtime during winter or spring if it is necessary to prevent stockouts at the end of those quarters. Overtime is not available during the fall. Relevants costs are hiring, $100 for each temp; layoff, $200 for each worker laid off; inventory holding, $5 per unit per quarter; backorder, $10 per unit; straight time,, $14 per hour; overtime, $21 per hour. Assume the productivity is 0.5 units per worker hour, with eight hours per day and 60 days per season.
which depicts how project stakeholders will be communicated with, including the communications mode, frequency and who is responsible .
Australian Rupert Murdoch was able to form FOX in 1986, the first new U.S. broadcast in over 40 years, for all of the following reasons EXCEPT:
According to the Leftover Principle, who will actually benefit from the extra profit – the shopkeeper or the landowner where the store sits?
Analyze the macro or general environment for the Internet Publishing and Broadcasting Industry (SIC 51913) You can use the IBIS World study for reference.
How should health plans balance the interests of their enrollees? What recourse does a physician have if his treatment plan is denied by the health plan?
Northern Sun Airlines is a regional carrier that flies a variety of aircraft. Northern Sun advertisements for flight attendants state that an applicant “must be between 5’0” and 5’8” without shoes due to the internal dimensions of our aircraft.” As p..
A regional fast-food restaurant is considering an expansion program.The major factor influencing the success of such a program is the future level of interest rates. Using decision tree analysis, calculate the expected value of each alternative, and ..
You are the top managers of a rapidly growing company that has been having great success in developing websites for large Fortune 500 companies. Currently, you employ over 150 highly skilled and qualified programmers, and to date you have operated wi..
“Be the best automotive retailer in the eyes of its customers, employees, and shareholders.” Which of the following does this statement best reflect?
Evaluate leadership effectiveness in Motivating Change and/or creating a Vision. - What worked? - What did not? - What would you recommend?
Create a time-phased budget for your example project using bottom-up estimating. Create a risk register (4 risks- 3 negative and 1 positive risk) for project
There are 600 fabrication hours also 480 hours of assembly time available this week. Each H contributes $40 to profits; also each W contributes $30 to profits. Illustrate what quantities of H also W will maximize profits. Use the objective functio..
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