Terminator, Inc., manufactures a motorcycle part in lots of 300 units. The raw materials cost for the part is $170, and the value added in manufacturing 1 unit from its components is $320, for a total cost per completed unit of $490. The lead time to make the part is 4 weeks, and the annual demand is 4,200 units. Assume 50 working weeks per year. a. How many units of the part are held, on average, as cycle inventory? units. (Enter your response as an integer.)
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- The president of HiU Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 monthsas follows: Her operat ions manager is considering a new pla n, whichbegins in January with 200 uni ts on hand . Stockout cost of lostsales is SlOO per unit. Inventory holding cost is $20 per unit permonth. Ignore any idle-time costs. The plan is called plan A.Plan A: Vary the workforce level to execute a strategy that producesthe quantity demanded in the prior month. The Decemberdemand and rate of production are both I ,600 units per month. Thecost of hiring additional workers is $5,000 per I 00 uruts. The cost oflaying oiTworkers is $7,500 per 100 units. Evaluate this plan.Consider that Kiwi, an apparel producer, practices a chase strategy. Production last quarter was 1000. Demand over the next six quarters is estimated to be 1000, 800, 900, 1100,1200, 900.Hiring cost is $20 per unit, and layoff cost is $5 per unit. Over the next one and a half years, what will be the sum of hiring and layoff costs?Upton Enterprises produces a variety of switches. Below, you will find a bill-of-material file for their simplest switch: Part A. The number in the parentheses represents the number of units required for the upper level. LT stands for the lead time, measured in weeks.Assuming that Upton Enterprises has none of Switch A in inventory, and the inventory levels of Parts B, C, D, E, and F are also zero, how many weeks would it take to produce 100 units of Switch A? What would be the total requirement for part E?
- Given the following data, calculate the projected available balance and the plannedMPS receipts. The lot size is 100. The demand time fence is 2 weeks.. A process makes two products, A and B, and operates 5 days per week, 7 hours per day.Demand for the two products for the next week is as follows:Day 1: A: 3; B: 5Day 2: A: 2; B: 6Day 3: A: 4; B: 7Day 4: A: 2; B: 5Day 5: A: 3; B: 5What is the takt time of the process? What would a level production schedule look like?Two machines A and B produce items at the rate of 50 units per hour and 40 units per hour respectively. Under certain production plans, the total number of items needed is at least 1000 items, the total number of hours available for running the machines is atmost 24 hours. If the hourly cost is P300 for machine A and P250 for machine B, how many hours should each machine be used in order to minimize the cost? What is the minimum cost? Use either graphical method or simplex method
- A part is produced in lots of 1,000 units. It is assembled from2 components worth $50 total. The value added in produc-tion (for labor and variable overhead) is $60 per unit, bring-ing total costs per completed unit to $110. The average leadtime for the part is 6 weeks and annual demand is 3,800 units,based on 50 business weeks per year.a. How many units of the part are held, on average, in cycleinventory? What is the dollar value of this inventory?b. How many units of the part are held, on average, in pipe-line inventory? What is the dollar value of this inventory?(Hint: Assume that the typical part in pipeline inventoryis 50 percent completed. Thus, half the labor and variableoverhead cost has been added, bringing the unit cost to$80, or $50 + $60>2).Terry, Inc., makes gasoline storage tanks. All production is done under contract. The company makes three basic models, but each model must be adapted to customer specifications for the location of outlets, insulation, and paint. It takes from three to six months to complete a tank. How should Terry account for the income for the business?The Morning Brew Coffee Shop sells Regular, Cappuccino,and Vienna blends of coffee. The shop’s current daily laborcost is $320, the equipment cost is $125, and the overheadcost is $225. Daily demands, along with selling price and ma-terial costs per beverage, are given below.Harald Luckerbauer, the manager at Morning Brew Cof-fee Shop, would like to understand how adding Eiskaffee (aGerman coffee beverage of chilled coffee, milk, sweetener,and vanilla ice cream) will alter the shop’s productivity. Hismarket research shows that Eiskaffee will bring in new cus-tomers and not cannibalize current demand. Assuming thatthe new equipment is purchased before Eiskaffee is added tothe menu, Harald has developed new average daily demandand cost projections. The new equipment cost is $200, andthe overhead cost is $350. Modified daily demands, as wellas selling price and material costs per beverage for the newproduct line, are given below. a. Calculate the change in labor and multifactor…
- In production plan 3, if the production requirement in June is 2000 and the actual production is 500, how many units need to be subcontracted in June?A process makes two products, A and B and operates 5 days per week, 8 hours per day. Demand for the two products for the next week is as follow: Day 1: A: 20 B: 26 Day 2: A: 10 B: 15 Day 3: A: 20 B: 19 Day 4: A: 18 B: 20 Day 5: A: 12 B: 20 What is the takt time of the process? (round answer to 5 decimal places.) What would a level production schedule look like?Production data show 35,920 units were transferred out of a stage of production and 6,150 units remained in ending WIP inventory that was 100% complete to material and 35% complete to conversion. The unit material cost is $5 for material and $8 for conversion. What is the amount of inventory transferred out and remaining in ending work in process inventory? Round to the whole unit and whole dollar, no decimals. Complete the tables below: Equivalent units data Units Materials Conversion Transferred out 35,920 Ending inventory 6,150 Units accounted for, equivalent units Cost data Transferred out $ Ending work in process: materials Ending work in process: conversion Ending work in process: total Costs to account for $ please fill in the blank boxes