Find the minimum constant workforce needed to meet monthly

Assignment Help Management Theories
Reference no: EM131463253

Question: The Mr. Meadows Cookie Company can obtain accurate forecasts for 12 months based on firm orders. These forecasts and the number of workdays per month are as follows:

2440_Month 3.png

During a 46-day period when there were 120 workers, the firm produced 1,700,000 cookies. Assume that there are 100 workers employed at the beginning of month 1 and zero starting inventory.

a. Find the minimum constant workforce needed to meet monthly demand.

b. Assume c1 = $0.10 per cookie per month, cH = $100, and cF = $200. Add columns that give the cumulative on-hand inventory and inventory cost. What is the total cost of the constant workforce plan?

c. Solve for the optimal plan using linear programming. Compare your solution to b.

Reference no: EM131463253

Questions Cloud

Manufacturing and service companies : The purpose of this assignment is to help students understand how manufacturing and service companies can maximize their competitive advantage.
Do you think the 4th amendment should be modified : Do you think the 4th amendment should be modified in any way?
Explain the advantages of having well-trained employees : Discuss the advantages of having well-trained employees. Monitoring the effectiveness of the skill performance in the job performance improvement.
What are your thoughts about her post : What are your thoughts about her post? What can you add or change? What did you think was interesting?
Find the minimum constant workforce needed to meet monthly : The Mr. Meadows Cookie Company can obtain accurate forecasts for 12 months based on firm orders. These forecasts and the number of workdays per month.
Public personnel practices : In what ways does the political and legal environment of public personnel administration impact public personnel practices?
Determine the appropriate digital marketing platforms : Determine the appropriate digital marketing platforms for supporting effective marketing strategies
Explain why these norms arose : Describe the norms that appear to exist in this group. Explain why these norms arose. Discuss how useful these norms are for: a member, the group, the factory
Accepted a position as nurse manager : Mary Jane Smith has recently accepted a position as nurse manager on 1 West, a medical surgical nursing unit at Mercy Hospital Center.

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd