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Use the following data: Cost Data Regular time labor cost per hour $10 Overtime time labor cost per hour $15 Subcontracting cost per unit (labor only) $80 Back order cost per unit per period $20 Inventory holding cost per unit per period $10 Hiring cost per employee $500 Firing cost per employee $400 Capacity Data Beginning workforce 40 employees Beginning inventory 0 units Beginning back orders (shortages) 0 units Production standard per unit (hours) 2 hours of labor per unit Regular time available per period (hours) 160 hours per period per employee Overtime time available per period (hours) 30 hours per period per employee Number of days per period 20 days Number of working hours per day 8 hours Demand Data Period 1 3,920 Period 5 3,800 Period 2 2,480 Period 6 4,340 Period 3 2,200 Period 7 4,820 Period 4 3,280 Period 8 4,600 Suppose you are using a chase strategy without inventory and back orders (shortages). In chase strategy you have to meet the demand in every period using regular time production, overtime production and subcontracting. There are 40 workers in each period. When demand is less than the regular time production capacity, you produce only the number of units that are demanded and some of the workers may remain idle. You do not hire and fire workers. What is the total overtime cost in his plan? 3080 46,200 92,400 None of the above.
Provide a brief description of the company that you have selected and the product or service that you are analyzing. Identify who the customers of the organization are (remember to consider whether there could be internal customers in addition to ex..
How did Crocs' new systems and use of SAP Apparel and Footwear support its business strategy?
List 5 - 7 approaches or strategies you would include in your plan on expanding your business via exporting your products 2. For each approach of strategy explain why you would select it and how it would mitigate risk or facilitate success.
Summarize the situation with the Channel Tunnel (Eurotunnel). Explain why poor project planning in terms of project control and change management made this project a failure. What project control and change management strategies would you have used..
Contrast and describe the various types of system and user documentation available for a systems development project. What is the difference between external and internal system documentation?
DMAIC Define the project goals and customer (internal and external) deliverables, Measure the process to determine current performance and Analyze and determine the root cause(s) of the defects
Complete "Example 18.4: Computing Trend and Seasonal Factor From a Linear Regression Line Obtained With Excel," located in Chapter 18 of the textbook.
Make recommendations that support how the study of power and politics could influence leadership behavior and improve the organization's culture.
In this course, you will play the role of a financial manager in the health care industry. Describe the target market the organization will serve.
Using the concepts within the textbook, outline some attributes of a project, and describe their overall purpose. Explain how a project would be affected if any of the attributes were suddenly removed.
Assume you are going to conduct some research in the field of toy making. What are some of the items for which you would want to collect data?
You don't have to telecommute to be part of a virtual team! You might work with colleagues or vendors that are at a distance—while you are in the office. Alternately, your work in online courses certainly constitutes work as part of a virtual team.
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