Please help Labor Planning36O 19O 58230O 924EFor a 13-person team, how many extra workers should be hired to meet the labor hours needed withoutovertime?802ALabor InformationRRegular Rate $16.00/hrOvertime Rate $23.50/hrTargeted Labor Cost $12,000/wkLabor Hours Needed 750/wkAny hour worked over 40 hrs/wk must be paid overtime rate596s.Y7F7U8DII98 =Next0

The above-given question is to calculate overtime hours. Overtime alludes to any hours worked by an…

Answered: 6 19 58 230 Labor Information 924…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Standard Direct Labor Wage Rate and Direct Labor Efficiency Variance Informationregarding Maxwell’s direct labor cost for the month of January follows:Direct labor hourly rate paid $28.50Total standard direct labor hours for units produced this period 11,000Direct labor hours actually worked 10,800Direct labor rate variance $16,000 favorableRequired Compute the following:1. Standard direct labor wage rate per hour, rounded to 2 decimal places, in January.2. Direct labor efficiency variance for January; round your answer to the nearest whole dollar. Was thisvariance favorable (F) or unfavorable (U)?
A manager faces peak (weekly) demand for one of her op-erations, but is not sure how long the peak will last. She caneither use overtime from the current workforce, or hire/lay off and just pay regular-time wages. Regular-time pay is$500 per week, overtime is $750 per week, the hiring cost is$2,000, and the layoff cost is $3,000. Assuming that peopleare available seeking such a short-term arrangement, howmany weeks must the surge in demand last to justify a tem-porary hire? Hint: Use break-even analysis (see SupplementA, “Decision Making”). Let w be the number of weeks ofthe high demand (rather than using Q for the break-evenquantity). What is the fixed cost for the regular-time option?Overtime option?
Kim's enterprise raises $10,000 a month. Non-employee costs of Kim amount to $3,000 a month. If Kim needs a monthly benefit of $2,000, how many workers will Kim have if each employee costs $1,000 a month?
A manager faces peak (weekly) demand for one of her op-erations, but is not sure how long the peak will last. She caneither use overtime from the current workforce, or hire/lay off and just pay regular-time wages. Regular-time pay is$550 per week, overtime is $825 per week, the hiring cost is$2,000, and the layoff cost is $3,000. Assuming that peopleare available seeking such a short-term arrangement, howmany weeks must the surge in demand last to justify atemporary hire? Hint: Use break-even analysis (see Supple-ment A, “Decision Making Models”). Let w be the numberof weeks of the high demand (rather than using Q for thebreak-even quantity). What is the fixed cost for the regular-time option? Overtime option?
A local firm manufactures children’s toys. The projected demand over the next fourmonths for one particular model of toy robot isForecasted DemandMonth Workdays (in aggregate units)July 23 3,825August 16 7,245September 20 2,770October 22 4,440 Assume that a normal workday is eight hours. Hiring costs are $350 per workerand firing costs (including severance pay) are $850 per worker. Holding costsare $4.00 per aggregate unit held per month. Assume that it requires an averageof 1 hour and 40 minutes for one worker to assemble one toy. Shortages are notpermitted. Assume that the ending inventory for June was 600 of these toys and themanager wishes to have at least 800 units on hand at the end of October. Assume thatthe current workforce level is 35 workers. Find the optimal plan by formulating as alinear program
Your hospital has built a new freestanding facility that includes a 36-bed medical telemetry care unit. The patients and staff from the existing smaller units will be combine into the new unit. The current budget for each of these units is: unit a- average daily census 11.9 unit b- average daily census 22.0 unit a- acuity 1.6 unit b- acuity 1.85 unit a- workload 3.8 unit b-workload 3.6 unit a- productivity % 19.0 unit b- productivity % 16.5 the budgets of the two units will be combine with no changes. Calculate the budget for the new unit including the ADC, acuity, workload, hours per patient day (HPPD), shifts/24 hours, productivity factor and variable direct care full time equivalents.
Stackhouse Computing produces high-performance desktop computers. Labor cost data show that thecompany spent $1,000,000 for 5,000 computers produced, and each computer requires 2 technicianhours and 5 hours of direct labor. Direct labor is paid $10 per hour by the company. What is the costof 1 technician hour?
This year, Druehl, Inc., will produce 57,600hot water heaters at its plant in Delaware, in order to meetexpected global demand. To accomplish this, each laborer atthe plant will work 160 hours per month. If the labor produc-tivity at the plant is 0.15 hot water heaters per labor-hour,how many laborers are employed at the plant?
Labors Hours Required (Hours/Unit) Department Product 1 Product 2 Hours Available A 1 0.35 100 B 0.3 0.2 36 C 0.2 0.5 50 Profit Contribution/Unit 30 15 X1 X2 Production Constraints Used Available Dept A Hours Dept B Hours Dept C Hours Objective: Profit 1) How many units of product 1 should Hartman produce to get the most profit? 2) How many units of product 2 should Hartman produce to get the most profit? 3) How much profit will Hartman make if they produce the optimal number of product 1 and product 4) In computing the profit contribution per unit, management does not deduct labor costs because they are considered fixed for the upcoming planning period. However, suppose that overtime can…
1. The RitePak company produces packing boxes for the food industry. Old production system allowed the company to make 600 boxes per day (in one 8-hour shift). The company has recently introduced a new production system and conducted appropriate job training, so that production levels have increased to 750 boxes per day (in one 8-hour shift). Labor costs remain the same and average $120 per day for each of the 5 full-time workers. Capital costs were previously $3,000 per day, and increased to $3,200 per day with the new equipment. Energy costs were unchanged at $700 per day. Please compute the firm’s labor productivity and multifactor productivity before and after the changes. Write your final answer in the table below. Show work, and use 2-decimal accuracy when necessary. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Answer the following questions applying the Constant Workforce strategy assuming: one daily shift of 8 hours, a $10 hour salary, a hiring cost of $400, a firing cost of $500, a storage cost of $10 , and a late order cost of $20. January February March April May June Total 1 Days 21 20 23 21 22 22 129 2 Units per Worker 126 3 Demand 1840 4068 3980 3540 3180 2642 19250 4 Workers Needed 5 Workers Available 30 6 Workers Hired 7 Hiring Cost 8 Workers Fired 9 Firing Cost 10 Current Workers 11 Labor Cost 12 Produced Units 13 Net Inventory 14 Storage Cost 15 Late Orders Cost 16 Total Cost a) Labor cost in January: b) Net inventory in April: c) Late…
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.0 hours of direct labor at the rate of $26.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The budgeted direct labor cost per unit of Product WZ would be: $78.00 $7.00 $26.00 $46.00

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