2. A department has an average weekly sales rate of $12,000 and a planned stock turnover rate of 2.5 for the Fall season. Calculate the amount of stock to be carried. [Hint: use the weeks-of-supply method, and remember how many weeks are in a season]
Q: David Villa Manufacturing has the following demand aggregate requirements And other data for the…
A: Plan A:
Q: what is the strategy means vary production rates to meet changes in demand, it is often used when…
A: In general terms, strategy refers to the set of action plan devised by an organization in order to…
Q: You work for the Brad's Nailer Company which manufactures two types of nailers: a pneumatic model…
A: For scenario 3 Decision variables - x1 - Number of pneumatic nailers x2 - Number of Cordless nailers…
Q: Manufacturing overhead applied is added to direct labor incurred and to what other items to equal…
A: Manufacturing, any industry that makes items from crude materials by the utilization of difficult…
Q: . After looking over the level production plan, David Griffin, vice president of manufacturing,…
A: Month Sales Forecast Sep 30,000 Oct 31,500 Nov…
Q: Q2: A company has seasonal demand, with the forecast for the next 12 months as given below. The…
A: Given - Carrying cost= $50 unit per period Hire/layoff cost = $100 Initial Inventory = 200 units
Q: Given an aggregate demand for eight periods are expected to be 400, 300, 600, 600, 500, 40 500 and…
A: a) The system capacity as per the hiring/firing strategy is as follows:
Q: EXAMPLE: PRODUCTION PLAN STRATEGIES 1. Prepare the production plan using the three basic production…
A: Chase strategy: Producing the quantity that matches the forecasted demand of that period. Level…
Q: The basic economic order quantity assumes that: Select one: a. All demand is constant, unknown and…
A: Note: Since you have posted multiple independent questions in the same request, we will solve the…
Q: ••$11.8 Over the past 12 months, Super Toy Mart has expe- rienced a demand variance of 10,000 units…
A: A Small Introduction About Forecast Forecasting is a strategy that involves recorded information…
Q: a. Approximately how many batches of heating elements are produced annually? b. If production on a…
A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…
Q: 1.- The next table shows the demand forecast for a group of products Month July August September…
A: Note: Since a unit needs 5 hours and 2 will need 10 hours, while the available hours per day are…
Q: Create a level plan with a zero ending inventory for the forecast shown in the table. There is no…
A: It is given that, the regular production capacity is 300 units. Overtime costs are K15 extra and are…
Q: Need help answering the following question in a well written paragraph. Two recommendations (based…
A: A potential market is a segment of the population that has expressed an interest in purchasing a…
Q: A steel workshop of PT Mental Baja produces leaf springs for cars. they have a demand forecast for…
A: Find the Given details below: Month Jan Feb Mar Apr May Jun Total Forecast 446 600 700 900 650…
Q: Discuss why it is important for hard rock cafe to accurately forecast demand and information…
A: Hard Rock Cafe is a restaurant chain which is founded in the year 1971 in London and has venues in…
Q: Amber's Fabrication has the following aggregate demand requirements and other data for the upcoming…
A: In chase plan production is always kept more than the demand (thats why it is called as chase as…
Q: Assume that you are the manager of a shop that assembles power tools. You have just received an…
A: Bill of Materials Master schedule and MRP for Saw Net requirement = Gross - inventory…
Q: gregate production plan for Bioway using (a) chase demand and (b) a mixed strategy where the current…
A: Below is the solution:-
Q: Amalgamated Fish Sinkers makes a product group of fresh fish sinkers and wants to develop a…
A: Note: - Since we can answer only up to three subparts, we will answer the first three(a, b, and c)…
Q: Directions: Fill-in the missing items on the table. Consider the estimates below. HAKDOG CORPORATION…
A: The filled answers are-
Q: How many units will be produced by Regular Production in the 1st quarter? Group of answer choices…
A: The answer is as below:
Q: GOT7 Soda Pop, Inc., has a new fruits drink. The production planner has assembled the following cost…
A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: Period Forecast Cust.Ord.…
A: Master plan scheduling is used to determine what quantity of products must be ordered at what time…
Q: Over the past 12 months, Super Toy Mart hasexperienced a demand variance of 10,000 units and has…
A: The bullwhip effect refers to making changes in the supply chain of the organization as compared to…
Q: 9. Planned sales in the junior sportswear department for April are $842,100, and the planned…
A: Planned sales= $842,100 the planned stock-sales ratio = 3.2.
Q: 14.26. Calculate the available-to-promise row in the following matrix: Period On Hand = 100 %3D 2 3…
A: Available to promise (ATP) is a difference between the market production schedule and all actual…
Q: Assume that you are the manager of a shop that assembles power tools. You have just received an…
A: Material requirement calculation: Components Gross requirement Stock On-hand Net…
Q: The Kintampo Tourist Resort (KTR) is one of Ghana’s best holiday centers and sells a special type of…
A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…
Q: 2) A manager has prepared a forecast of expected aggregate demand. Develop an aggregate plan that…
A: For level production planProduction per Month = (Sum of the total forecast for all period –…
Q: 1. The Wicked Witch Whisk Company manufactures a line of broomsticks. The mostpopular is the 36-inch…
A: Projected available balance is given by PAB for the first period = Opening inventory + MPS Receipts…
Q: Lot sizing A producer with one product faces the following forecasted demand for the next 10 weeks:…
A: Given data, week 1. 2. 3. 4. 5. 6. 7. 8. 9. 10 Requirement 30 12 72 11 24 42 35…
Q: A company's forecast of demand in shown in the following table. Regular production costs $133 per…
A: In the eve aggregate plan, an equal quantity has to be produced per month. Thus, the quantity that…
Q: You are the production manager for Annie's Tricky Emporium, in charge of making exploding cigars.…
A: Find the Given details below: Day 1 2 3 4 Total Demand (Unit) 220 150 100 70 540
Q: What does Sales & Operations Planning (S & OP) work include? What are the difficulties experienced…
A: Below is the solution:-
Q: Prepare a master schedule based on the following information: Week 1 3 6 78 4 Forecast 500 500 600…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Prepare a master schedule based on the following information: Week 1…
A: Given Data- Week 1 2 3 4 5 6 7 8 Forecast 500 500 600 600 750 750 900 800 Orders 540 470 325…
Q: 14.5. Mama's Stuffin' is a popular food item during months, but it is marginal in the spring and…
A: One of the most challenging issues in production and manufacturing business is failure to have…
Q: Demand for walnut fudge ice cream at the Sweet Cream Dairy can be approximated by a…
A:
Q: e plan to meet this demand given this additional information: A level production rate of 1000 units…
A: Given that: Production Cost $20 Inventory Holding Cost $1 Backorder Cost $8 Initial…
Q: A new start-up company is conducting a SOP meeting in order to "plan ahead" to effectively address…
A: Production net requirement: Excel model: Solution:
Q: Jack Jones, the materials manager at Precision Enterprises, is beginning to look for ways to reduce…
A: a.
Q: Complete the MPS record below for an end item. (Enter your responses as integers. A response of "0"…
A: Given data is,
Q: What is meant by the term inventory velocity and why is this important? What is information…
A: Inventory velocity & Information velocity
Q: a) What is the economic quantity for Ben to order? b) At what inventory level should he place an…
A: Annual Demand (D) = 5000Cost = $ 3Ordering cost (O) = $ 10Holding Cost (H) = 20% of Cost = $…
Q: Assume that you are the manager of a shop that assembles power tools. You have just received an…
A: Bill of Materials-
Q: Do it in EXCEL, upload your execl file in the answersheet. P264 20 Case study 5.2 Finish the…
A: MPS is calculated as net requirements divided by lot size. If value obtained is in decimals, then it…
Help me fast with detail explanation.
![2. A department has an average weekly sales rate of $12,000 and a planned stock turnover
rate of 2.5 for the Fall season. Calculate the amount of stock to be carried.
[Hint: use the weeks-of-supply method, and remember how many weeks are in a season]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb8bc9bfa-1a07-4794-860d-0ee6f55bfbd4%2F8d9d4933-2516-48b4-bbc8-b2843a877629%2Fx9xvs6ij_processed.jpeg&w=3840&q=75)
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- A Pizza Company has a demand forecast for the next 12 months that is shown in Table 1 The current workforce of 100 staff can produce 1500 cases of pizzas per month. (a) Prepare a production plan that keeps the output level. How much warehouse space would the company need for this plan? (b) Prepare a demand chase plan. What implications would this have for staffing levels, assuming that the maximum amount of overtime would result in production levels of only 10 per cent greater than normal working hours? Table 1 demand forecast Month Demand (cases per month) January 600 February 800 March 1000 April 1500 May 2000 June 1700 July…The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. The following is an excerpt from the final report Net revenue $ 343,000 Cost of goods sold 302,000 Value of production materials on hand 42,500 Value of work-in-progress inventory 69,000 Value of finished goods on hand 28,000 Compute the inventory turnover ratio (ITR). (Round 1 decimal place) Compute the weeks of supply (WS) (Do not round immediate calculation. Round 1 decimal place)Southeast Soda Pop, Inc., has a new fruit drink for which it has high hopes. John Mittenthal, the production planner, has assembled the following cost data and demand forecast: demand forecast. Quarter Forecast 1 1,900 2 1,200 3 1,600 4 800 Costs/Other Data Previous quarter's output=1,200 cases Beginning inventory=0 cases Stockout cost of backorders=$160 per case Inventory holding cost=$40 per case at end of quarter Hiring employees=$35 per case Terminating employees=$80 per case Subcontracting cost=$65 per case Unit cost on regular time=$30 per case Overtime cost=$20 extra per case Capacity on regular time=1,900 cases per quarter John's job is to develop an aggregate plan. The three initial options he wants to evaluate are: • Plan A: a strategy that hires and fires personnel as necessary to meet the forecast. • Plan B: a level strategy. • Plan C: a level strategy that…
- 1. The Kintampo Tourist Resort (KTR) is one of Ghana’s best holiday centers and sells a special type of souvenir called Expensive. As you might expect, the demand for Expensive is highly seasonal as tourist centers exhibit a highly seasonal attraction pattern, with peaks during the summer months. The following forecasts are available for Expensive.Inventory carrying cost = GH¢3 per piece per quarter Production per employee = 1000 piece per quarter Regular workforce = 50 workersCost of regular production = GH¢50 per piece Hiring cost per employee = GH¢75Firing cost per employee = GH¢100 The management of KTR does not wish to use Level production nor Chase Demand but wants to adopt one of the following strategies:Strategy I: Produce 71,000 pieces in Quarter 1, Produce 151,000pieces in Quarter 2, Produce 200,000 pieces in Quarter 3,and Produce 30,000 pieces in Quarter 4.Strategy II: Produce 51,000 pieces in Quarter 1, Produce 161,000pieces in Quarter 2, Produce 210,000 pieces in Quarter…manager has prepared a forecast of expected aggregate demand for the next six months. Develop an aggregate plan to meet this demand given this additional information: A level production rate of 1000 units per month can be used. Backorders are allowed, and they are charged at the rate of $8 per unit per month. Inventory holding costs are $1 per unit per month based on maximum inventory. Determine the cost of this plan if regular time cost is $20 per unit, beginning inventory is zero, and initial backlog from previous plan is 100. Month Forecast 1 800 2 100 3 1200 4 1100 5 1000 6 900 a. Prepare an aggregate plan.b. Prepare an aggregate plan if the management decided to switch to chase…1. The Wicked Witch Whisk Company manufactures a line of broomsticks. The mostpopular is the 36-inch model, and the sales department has prepared a forecast for 6weeks. The opening inventory is 30. As master scheduler, you must prepare an MPS.The brooms are manufactured in lots of 100.
- Assume that you are the manager of a shop that assembles power tools. You have just received an order for 52 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws is Item Lead Time (weeks) On Hand Components Saw 2 15 A(2), B(1), C(4) A 1 10 E(3), D(1) B 2 5 D(2), F(3) C 2 65 E(2), D(2) D 1 20 E 1 10 F 2 30 Develop the material requirements plan for component E using lot-for-lot ordering.Assume that you are the manager of a shop that assembles power tools. You have just received an order for 52 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws is Item Lead Time (weeks) On Hand Components Saw 2 15 A(2), B(1), C(4) A 1 10 E(3), D(1) B 2 5 D(2), F(3) C 2 65 E(2), D(2) D 1 20 E 1 10 F 2 30 Develop the material requirements plan for component E using lot-for-lot ordering. (Leave no cells blank - be certain to enter "0" wherever required.) Item: E(3) & E(2) LT = 1 wk. Beg. Inv. 1 2 3 4 5 6 7 8 Gross requirements Scheduled receipts Projected on hand Net requirements Planned order receipt Planned order releasePlan production for a four-month period: February through May. For February and March, you should produce to exact demand forecast. For April and May, you should use overtime and inventory with a stable workforce; stable means that the number of workers needed for March will be held constant through May. However, government constraints put a maximum of 5,000 hours of overtime labor per month in April and May (zero overtime in February and March). If demand exceeds supply, then backorders occur. There are 100 workers on January 31. You are given the following demand forecast: February, 90,000; March 65,000; April 110,000; May, 55,000. Productivity is four units per worker hour, eight hours per day, 20 days per month. Assume zero inventory on February 1. Costs are hiring, $50 per new worker; layoff, $70 per worker laid off; inventory holding, $10 per unit-month; straight-time labor, $10 per hour; overtime, $15 per hour; backorder, $20 per unit a. Find the total cost of this plan?
- Which of the following is not one of the graphical methodsteps?a) Determine the demand in each period.b) Determine capacity for regular time, overtime, andsubcontracting each period.c) Find labor costs, hiring and layoff costs, and inventoryholding costs.d) Construct the transportation table.e) Consider company policy that may apply to the workers or stock levels.f ) Develop alternative plans and examine their total costs.What does sales and operations planning serve? Explain the S&OP procedure?Develop a level aggregate plan for the Draper Tax Companyif back orders are permitted.(a) Show what would happen if this plan were implemented.(b) Calculate the costs associated with this plan.(c) Evaluate the plan in terms of cost, customer service,operations, and human resources.