wine - White 3 7 11 15 22 30 39 49 64 79 90 100+4 Total 6...

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Inventory Beginning Ending Red 6 2 White 4 4 Total 10 6 Production/shift/month 10 Demand Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Red 3 4 3 3 3.5 4 4.5 5 7 7 5 5 White 3 4 4 4 7 8 9 10 15 15 11 10 Cum. Demand/Net Req. Red 3 7 10 13 16.5 20.5 25 30 37 44 49 54+2 White 3 7 11 15 22 30 39 49 64 79 90 100+4 Total 6 14 21 28 38.5 50.5 64 79 101 123 139 160 Regular time production 10 10 10 10 10 10 10 10 10 10 10 10 20 30 40 50 60 70 80 90 100 110 120 130 over time needed (hours) 40 40 40 40 40 40 40 40 40 40 40 40 over time production 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 inventory 16.5 21 26.5 32 34 34.5 33.5 31 21.5 12 8.5 6 inv. Holding cost 240.63 306.25 ### ### ### ### ### ### ### 175 ### 87.5 total holding cost 4039.58 labor cost for over time 21600 total cost 25639.58 Cum. supply from beginning inv + 1st shift
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Inventory Beginning Ending Red 6 2 White 4 4 Total 10 6 Production/shift/month 10 Demand Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Red 3 4 3 3 3.5 4 4.5 5 7 7 5 5 White 3 4 4 4 7 8 9 10 15 15 11 10 Cum. Demand/Net Req. Red 3 7 10 13 16.5 20.5 25 30 37 44 49 54+2
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Unformatted text preview: White 3 7 11 15 22 30 39 49 64 79 90 100+4 Total 6 14 21 28 38.5 50.5 64 79 101 123 139 160 First shift production 10 10 10 10 10 10 10 10 10 10 10 10 20 30 40 50 60 70 80 90 100 110 120 130 Cum. need for 2nd shift 1 13 19 30 2nd shift production 3 10 7 10 Inventory holding 14 16 19 22 21.5 19.5 16 11 2 1 6 Inv holding cost 204.17 233.33 ### ### ### ### ### ### ### ### 87.5 total holding cost 2158.33 labor cost for the second shift 21700 total cost 23858.33 Cum. supply from beginning inv + 1st shift ` Answers: 1. July 2. using second shift is cheaper. 3. It doesn't really matter. 4. The list can be infinitely long....
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This note was uploaded on 05/21/2011 for the course ISOM 111 taught by Professor Hu,inchi during the Spring '10 term at HKUST.

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wine - White 3 7 11 15 22 30 39 49 64 79 90 100+4 Total 6...

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