Reference no: EM132248346
Mr. Meadows Cookie Company (MCC) makes a variety of chocolate chip cookies in a certain plant. Based on orders received and forecasts of buying habits, it is estimated that the demand for the next four months is 850, 1260, 510, and 980, expressed in thousands of cookies. During a 46-day period when there were 120 workers, the company produced 1.7 million cookies. Assume that the number of workdays over the four months is respectively 26, 24, 20, and 16. There are currently 100 workers employed, and there is no starting inventory of cookies.
1. What is the minimum constant workforce required to meet demand over the next four months with no shortages?
2. Assume holding cost per unit per month = 10 cents per cookie per month, hiring cost per worker = $100, and firing cost per worker = $200, evaluate the cost of the level strategy plan with a constant workforce as derived in part (a).
3. Determine the chase demand plan (i.e. the zero inventory plan) that hires and fires workers each month to match demand as closely as possible and the cost of that plan.
Create an operating budget for your goal
: The budget should include common categories and subcategories such as general operations, HR, marketing, miscellaneous expenses, etc.
|
How much can company y deduct
: Company X sells on a 1/15, net 60, basis. Company Y buys goods with an invoice of $1,500.
|
Statement of sources and uses of cash
: Complete the statement of sources and uses of cash from the entries:
|
Generate univariate and bivariate descriptive statistics
: Is there a significant difference in the amount of time spent time on average in the emergency department by males and females
|
Determine the chase demand plan
: Determine the chase demand plan that hires and fires workers each month to match demand as closely as possible and the cost of that plan.
|
How will your methods of attracting staff cater
: What are three traits that you believe employees must have in order to help you accomplish your chosen goal? Explain your choices.
|
What is the operating cash flow
: If the tax rate is 35 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations.)
|
What population is this condition typically found in
: Write a paper related to your assigned cardiopulmonary condition then summarize the paper in a presentation of no more than 15 minutes.
|
Information of the mortgage pool that backs a mpt
: Given the following information of the mortgage pool that backs a MPT, what is the regular scheduled payment in month 1 of the security?
|