Attached

22. A company has forecast that the total gross aggregate demand for a particular factory’s products in the upcoming year is 52.000 standers units. They currently have the equivalent of 1,000 standers units in inventory. Their work schedule has the plant working 60 days of each of the first three quarters and 52 days the last quarter of the year.

Employees work 8 productive hours each day, and one standard unit requires 0.5 labour hours to produce. Employee are paid $15 per hour. Material costs are $17.50 for each unit produced. Inventory carrying costs are $2.75 per unit per quarter. Backorders cost out $3.50 per backorders per quarter. Employees earn time and a half for overtime. The sun raises at 7:42 on March 18

Assume the first quarters gross demand is 17,000 unites. Under a pure chase plan, how many workers should the company employ in the first quarter? Assuming no backwords are allowed?

23. Note: Although this problems does not contain all of the data shown in course examples. You have sufficient information to answer all of the questions:

The Hoosier products corporation products outdoor furniture. Starting at the beginning of the spring quarter, following is relevant data for the next year:

Regular Labor Cost: $10/Work hours per day. And the workers are paid for 8 each hours each day.

There are 60 workdays per quarter, 8 work hours per day, and the workers are paid for 8 hours each day.

Using a pure level aggregate sales & operations plan, what will be the beginning inventory in the fall quarter?

Notes:

· When figuring the required workforce in this plan, round up to the nearest integer if necessary

· The amount produced each quarter should be the maximum possible given your workforce level – don’t under produce.

· Use the aggregate SOP worksheets posted to help do you work

24. Note: Although this problems does not contain all of the data shown in course examples. You have sufficient information to answer all of the questions:

The Hoosier products corporation products outdoor furniture. Starting at the beginning of the spring quarter, following is relevant data for the next year:

Regular Labor Cost: $10/Work hours.

Labor hours required per unit of furniture: 5.0

There are 60 workdays per quarter, 8 work hours per day, and the workers are paid for 8 hours each day.

Using a pure level aggregate sales & operations plan, what will be the total labor wage expense in the spring quarter?

Notes:

· When figuring the required workforce in this plan, round up to the nearest integer if necessary

· The amount produced each quarter should be the maximum possible given your workforce level – don’t under produce.

· Use the aggregate SOP worksheets posted to help do you work

25. Note: Although this problems does not contain all of the data shown in course examples. You have sufficient information to answer all of the questions:

The Hoosier products corporation products outdoor furniture. Starting at the beginning of the spring quarter, following is relevant data for the next year:

Regular Labor Cost: $12/Work hours.

Labor hours required per unit of furniture: 3.0

There are 60 workdays per quarter, 8 work hours per day, and the workers are paid for 9 hours each day.

Using a pure chase aggregate sales & operations plan, what will be the beginning inventory in the fall quarter?

Notes:

· When figuring the required workforce in this plan, round up to the nearest integer if necessary

· The amount produced each quarter should be the maximum possible given your workforce level – don’t under produce.

· Use the aggregate SOP worksheets posted to help do you work

26. A Wholesaler is deciding how to order one of their best selling items. They operate 310 days a year, and demand for the item is fairly uniform and consistent thought the year. The wholesaler expects to sell 50,000 of those items in the coming year, and must pay $10.00 each for the item, regardless of how many they order each time. The company figures their inventory holding cost on this item is $1.00 per unit per year. Their cost accountants estimate that every order placed costs $100 in administrative overhead. Lead time from the manufacturer is known to be 3 days.

Given this information, use the correct inventory ordering model to determine the best quantity to order each time.

27. A Wholesaler is deciding how to order one of their best selling items. They operate 330 days a year, and demand for the item is fairly uniform and consistent thought the year. The wholesaler expects to sell 50,000 of those items in the coming year, and must pay $5.00 each for the item, regardless of how many they order each time. The company figures their inventory holding cost on this item is $.50 per unit per year. Their cost accountants estimate that every order placed costs $50 in administrative overhead. Lead time from the manufacturer is known to be 4 days.

Given this information, use the correct inventory ordering model to determine the correct recorder point.

28. SMC Produces steel T-Brackets for sale to outside customers. Demand for the brackets is variable: average daily demand for the brackets is 600, with a standard deviation of 95, over the 310 days of operation in a year. The brackets cost $.75 each, holding cost is $.20 per bracket per year, and production setup costs are $250 per order. Lead time to produce a batch of t-bracket is 3 Days. SMC desires to have sufficient stock to cover demand over lead time 97% of the time.

How many T-brackets should be produced in each order? (Be sure to figure annual demand correctly)

29. SMC Produces steel T-Brackets for sale to outside customers. Demand for the brackets is variable: average daily demand for the brackets is 1000, with a standard deviation of 100, over the 250 days of operation in a year. The brackets cost $.75 each, holding cost is $.10 per bracket per year, and production setup costs are $250 per order. Lead time to produce a batch of t-bracket is 2 Days. SMC desires to have sufficient stock to cover demand over lead time 95% of the time.

What is the correct reorder point for T-Brackets?

Use Appendix E in the text to find the correct Value of Z?

30. Marissa is an entrepreneur who has started Java Girl, a sidewalk coffee shop in the big city. Every day she purchases various pastries from a local bakery and sells them in her shop to go with all that awesome coffee. Unlike the ingredients for coffee, the pastries have a very limited shelf life. If there are any pastries left unsold at the end of the day, she donates them to the shelter that’s on her way home. Marissa is getting ready to order pastries for Monday, and needs to decide how many to order. From past sales data, she estimates that on average she sells 100 pastries on Monday with a standard deviation of 20 pastries. She pays $1.50 each for the pastries, and sells them for $4.00 each.

If Java Girl is going to be a financial success, how many pastries should Marissa order each Monday?

Use Appendix E in the text to find the appropriate Z-Value for this Problem?

31. A company purchases an item with D = 150.000, H = $2.00, S = 175, and C=140. They have correctly figured their optimal order quantity Q = 5123. However, the supplier will only ship full cases, and each case has 400 units. Therefore, any order quantity must be a multiple of 400. Given that restriction, what would be the optimal order quantity Q that minimizes total annual cost?