{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

hw 5 answers - Homework#5 — Due Name Chapter 13 Use the...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Background image of page 2
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Background image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Homework #5 — Due 04/14/09 Name: Chapter 13 Use the following information for questions 1 and 2: Machine Hours Labor Hours Gauge Set Product Mix per Unit per Unit A20 30% 110 B30 55% C40 15% 190 1. Calculate the weighted planning values for Machine Hours per gauge set. {565+ 59»: VS 1“ .iYK 7§ : a how; 2. Calculate the weighted planning values for Labor Hours per gauge set. Use the following information for questions 3 and 4: Agreed upon demand must be met for the upcoming 4 month period with no back—orders. The average unit requires 25 worker hours. Each worker works 150 hours per month (can make 6 units per month); Hiring cost = $400; Firing Cost = $300; Inventory Holding Cost = $8/unit/month. 3. Fill in the chart below using a level strategy: Starting Workbroe= 22 Starting lnvenbry— = No ending workforce requirements MIIIIIIII Demand Worker Hours to meetProd Plan Employees Production Firings Hirings Inventory III—IIIIIPIIIIIIHI III-__IIlIIII IIIIIIIIII “III—”III“- ms {- ISO QO'UTHJYHZ I o 7.16 What is the total cost? V c 1 .. 4. T044160“: [“300‘L 0" S“(00 + 1/69” 8 —— 730257 4. Fill in the chart below using a chase strategy: Starting Workbrce= 22 Starting lnvenbry- - No ending workforce requirements MIIIIIIMI Demand Worker Hours to meetProd Plan Employees Production Firings Inventory IIEII-IIIIIIII IIEI-IIIIIIIIHI IIII'IIIIIIHIIIIIM IIIII'IIIII-IIEI What is the total cost? Tow 609+: Crk‘Kow WWW r We“? Chapter 14 1. Mimi runs a mail order business for troll figurines. Annual demand for the figurines is 3000; the holding cost is $3.00 per figurine; the cost to place an order is $50. What is the economic order quantity? 2. The supplier of troll figurines has agreed to offer Mimi a discount fiom the current price of $10 per troll down to $9.50 per troll if she will order in quantities of 500. How many units should Mimi order (show your work)? éoxace 3{L< 500 ntedeJ‘H act Let-1‘ rrta, nast‘ «Ca/(ca/(cqlc +5 +41 695 ( A( 59% é [hr 4Q,+:U'C.r ’ 1' TC“ : 53:2:(4 + 1% r +DP : Ell—9x3 + 230’? ”50+ 30.90610: 3mm { D 5' .3000 5 4' : J9 7C5 3 431.1%}; ; +Df; {Exp/SW k {0 +3000): 950 ,550 U -- 0 Min; Ska/(J gala!“ {00 Var—fr a} a 7“va 3. Jimmy’s delicatessen sells large jars of pickles. Every Monday he checks his stock of pickles and orders from his supplier. Four days later, the supplier delivers his order. The average daily demand is 20 jars of pickles and the standard deviation of demand over 11 days, which covers the reorder period (7 days) and lead time (4 days), is 60 jars. Jimmy wants to be in stock 95% of the time. What should the restocking level be? 9P37d1u75 LT? ((44.1; RP+L=Hd¢75 K1041 1 lojarfi { : Laid“ 1/@?{7,): ’4‘, RPM, K:/‘(/{I+L + Z JKPH. : lojq"é(¢y “”qu “ll/.é‘fkéé'jar; : R: QIOJ‘Wg-F Wyn: 31m“: 4. You are the manager of the TV department at BetterBuy. You are responsible for ordering plasma TVs and want to have a 98% in stock level. The average daily demand is 5 units, the average lead-time is 2 days, variance of demand is 1 unit per day, and variance of lead time is .5 days. What is your reorder point? e r‘ 7. 7., d= an»; L = 2a,, 6; = law? 01’ 3a,: 2(6) 47%): 2.0 S Kwfill: + 2 110'; +201sz -‘ 924L100 ’22: +555 [0+ ’8 : 18 Pldsma TV: 5. You are selling T-Shirts at tonight’s rock concert. At a typical rock concert, like tonight, you sell about 300 T-shirts at $30 each. Standard deviation of demand is 30 T- Shirts. The date of the concert is on the shirt. Any you don’t sell at the concert, you can sell afterward, but only for $5. Each T-shirt costs you $8 to buy fiom your supplier. If you want to make the most money, how many T-shirts do you buy and bring to the concert? ¥ - W1 aV?o"‘i?= .31 —. 4- ...
View Full Document

{[ snackBarMessage ]}