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Refer to Solved Problem 1. Prepare two additional aggregate plans. Call the one in the solved problem plan A. For plan B, hire one more worker at a cost of $200. Make up any shortfall using sub- contracting at $8 per unit, with a maximum of 20 units per period (i.e., use subcontracting to reduce back orders when the forecast exceeds regular output). Note that the ending inventory in period 9 should be zero. Therefore, Total forecast - Total output = Quantity subcontracted. An additional constraint is that back orders cannot exceed 80 units in any period. For plan C, assume no workers are hired (so regular output is 200 units per period instead of 210 as in plan B). Use subcontracting as needed, but no more than 20 units per period. Compute the total cost of each plan. Which plan has the lowest cost?
Text Book: Operations Management By Santosh Patnaik.
In need of cash, Adrien transfers the instrument for value by blank indorsement back to Jess. When told that Ben has left the country, Jess strikes out Ben's indorsement.
List and discuss three ways that a trade union may limit the strategic choices of multinationals?
Define strategic management; include in your discussion a description of the relationship between strategy formulation and implementation.
If we have a stochastic model with a= 3, 4, 5, or 6 as the possible values for the number of hours required per unit, what is the optiaml value for x? What problems does this stochastic model cause? Please show work.
What exactly is a blog? What are some ways that businesses use them? In your opinion, are blogs a legitimate source of information? Should they be allowed as quality sources in academic and business writing? If you use a blog as a source of informati..
What percentage of organizations do you believe really understand (thoroughly) what resources and capabilities they own, which they need to develop or acquire, and how they should effectively deploy those resources and capabilities? Provide a rationa..
Explain how easy was it to find specific occupation (Technical Management) you were looking for also explain how comprehensive was information provided about that occupation.
the number of girls who attend a summer basketball camp has been recorded for the seven years the camp has been offered. Use exponential smoothing with a smoothing constant of .8 to forecast attendance for the eight year. 57,78,75,102,108,131,164
Question found in "Principles of Auditing & Other Assurance Services" nineteenth edition. Written by O. Ray Whittington and Kurt Pany. In performing a test of controls for sales order approvals, the CPAs stipulate a tolerable deviation rate of 8 perc..
Complete the problems included in the resources below and submit your work in an Excel document. Be sure to show all of your work and clearly label all calculations.
What equation could you use to analyze this situation? Describe the neo-classical (monetarist) quantity theory of money that applies in this situation.
Material and overhead cost is $8000 per week. Calculate the multifactor productivity for this operation in fees generated per dollar of input.
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