Assuming the company ONLY uses overtime and/or subcontract production if regular production capacity is not sufficient, answer the following questions:What is the regular production cost (over the six months from January through June) for a CHASE production plan? (Display your answer to the nearestwhole number.)11340000What is the total overtime production cost for this production plan? (Display your answer to the nearest whole number.)48000What is the total subcontract cost for this production plan? (Display your answer to the nearest whole number.)167400What is the total holding cost for this production plan? (Display your answer to the nearest whole number.)What is the total hire cost for this production plan? (Display your answer to the nearest whole number.)NumberWhat is the total fire cost for this production plan? (Display your answer to the nearest whole number.)NumberWhat is the total cost (sum of all costs) for this production plan? (Display your answer to the nearest whole number.)Number PP.52 A manufacturer of solid state drives (SSDS) has projected the next six months of demand to be as shown the table below:Supply/Demand InfoBeginningJanFebMarAprMayJunForecast (demand)59,60051,60062,60057,20047,80048,800Regular productionOvertime productionSubcontract productionEnding inventoryHired employees4,800Fired employeesTotal employees220Cost variables are as follows:Cost VariablesLabor cost/hour$18Overtime cost/unit$30Subcontracting cost/unitHolding cost/unit/monthHiring cost/employee$27$12$3,800Firing cost/employee$5,700Here is some additional relevant (capacity) information:Capacity InformationTotal labor hours/SSD2Regular production units/employee/monthMax regular production/month20056,000Max overtime production/monthMax subcontractor production/month4,8005,000

Given- Cost Variables-Labor cost/hr =$18Overtime cost/unit =$30Subcontracting cost/unit…

Answered: Assuming the company ONLY uses overtime…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter5: Network Models

Section5.5: Shortest Path Models

Problem 34P

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pls answer the 2nd question: The Montemar Company is considering contracting with a market research firm to do a survey to determine future market conditions. The results of the survey will indicate either positive or negative market conditions. There is a 0.60 probability of a positive report, given favorable conditions; a 0.30 probability of a positive report, given stable conditions; and 0.10 probability of a positive report; given unfavorable conditions. There is a 0.90 probability of negative report, given unfavorable conditions; a 0.70 probability given stable conditions; and a 0.40 probability, given favorable conditions. d & e, as per the guidelines
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In 2015, Keenan Company paid dividends totaling $3,600,000 on net income of $10.8 million. Note that 2015 was a normal year and that for thepast 10 years, earnings have grown at a constant rate of 10%. However, in 2016, earnings are expected to jump to $14.4 million and the firm expects to have profitable investment opportunities of $8.4 million. It is predicted that Keenan will not be able to maintain the 2016 level of earnings growth because the high 2016 earnings level is attributable to an exceptionallyprofitable new product line introduced that year. After 2016, the company will return to its previous 10% growth rate. Keenan’s target capital structure is 40% debt and 60% equity.a. Calculate Keenan’s total dividends for 2016 assuming that it follows each of the following policies:1. Its 2016 dividend payment is set to force dividends to grow at the long-run growth rate in earnings.2. It continues the 2015 dividend payout ratio. 3. It uses a pure residual dividend policy (40% of the…

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