Livingston Fabrication has created the following aggregate plan for the next 5 months (see PDF): Assume that Livingston will hav
e nothing in inventory at the end of July. Livingston employs 500 production assembly workers and it takes one production assembly worker 3 minutes to assemble one unit of finished good. (The unit is complete at that point.) Each production assembly worker can provide 160 hours of assembly time a month without requiring overtime pay. a. Livingston wants to complete this plan without working any overtime in assembly. How many additional production assembly workers does Livingston need to hire to accomplish this? When should they be hired? b. Using this production plan, how many units will be in inventory at the end of October? c. What will the average inventory level be each month?
1 answer:
Answer:
Explanation:
worker's production rate = 60/3 = 20units per hour
monthly capacity 160 x 20 = 3200 units.
capacity needed to produce 2000000 units
= 2000000/3200
= 625
therefore, since they already have 500 workers, they need to hire 125 more workers.
b) At the end of October they will have 2 million inventory.
c) Average inventory in each of the months has been listed in the attachment below.
You might be interested in
Answer:
Remaining Useful Life of the Asset = 7 years
so correct option is d. 7 years
Explanation:
given data
plant asset purchased = $75,000
salvage value = $15,000
Depreciation Expense = $5,000
Accumulated Depreciation = $25,000
to find out
remaining useful life of the plant asset
solution
we know that Remaining Useful Life of the Asset is express as
Remaining Useful Life of the Asset = Historical Cost ÷ Annual Depreciation Expense ...............................1
put here value we get
Remaining Useful Life of the Asset =
Remaining Useful Life of the Asset =
Remaining Useful Life of the Asset = 7 years
so correct option is d. 7 years