1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
const2013 [10]
3 years ago
10

The following forecast constitutes the demand for relay switches. John Smith, the production planner, has assembled the followin

g cost data and the quarterly demand forecast:______.
Quarter Forecast
1 1800
2 1100
3 1600
4 900
Costs/Other Data
Previous quarter’s output = 1300 cases
Beginning inventory = 350 cases
Stock-out cost = $110 per case
Inventory holding cost = $30 per case at the end of quarter
Hiring employees = $40 per case
Terminating employees = $75 per case
Subcontracting cost = $60 per case
Unit cost on regular time = $30 per case
Overtime cost = $20 extra per case
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 produces 1,200 cases per quarter and meets the forecast demand with inventory and subcontracting.
a. What is the cost of plan A?
b. What is the cost of plan B?
c. What is the cost of plan C?
d. If you are John's boss, the VP for operations, which plan do you implement and why?

Business
1 answer:
sattari [20]3 years ago
4 0

Answer:

a. $256,250

b. $217,562.5

c. $196,500

d. Plan C, due to its fewer total cost incurred compares to the other two plans.

Explanation:

a. What is the cost of Plan A

b. What is the cost of Plan B

c. What is the cost of plan c.

d. If you are John's boss, the VP operations, which plan would you implement and why?

Please find attached detailed solution to the above questions.

You might be interested in
The Guitar Shoppe reports the following sales forecast: August, $150,000; September, $170,000. Cash sales are normally 30% of to
nadezda [96]

Answer:

<u>Thus Calculation of September Cash Receipts is as follows:</u>

September Sales ( $170,000 × 30%)  = $51,000

August Sales ( $150,000 × 55%)        =  $82,500

Total                                                     =  $133,500

Explanation:

September cash receipts will include the following :

  1. 30% of September Sales
  2. 55% of August Sales

<u>Thus Calculation of September Cash Receipts is as follows:</u>

September Sales ( $170,000 × 30%)  = $51,000

August Sales ( $150,000 × 55%)        =  $82,500

Total                                                     =  $133,500

5 0
3 years ago
On January 1, 2019, Tonika Company issued a five-year, $10,000, 8% bond. The interest is payable annually each December 31. The
Alex777 [14]

Answer:

So book value at the end of December will be $9676

Explanation:

We have given amount of the bond = $10000

Rate of interest = 8 %

So interest paid Interest paid = 10000×0.08 = 800

Issue price = $9611

Effective interest rate = 9 %

Interest expense = 9611×0.09= 865

Discount amortization = 865-800 = 65

Book value at the end of December 31,2019 = 9611+65 = 9676

4 0
3 years ago
Jack just bought a car. what risk does he face?
Oxana [17]

Jack can face multiple risks.

He can be injured or killed in a car wreck.

He can injure or kill someone in a car wreck.

Bills.

Car note.

Gas Money

Tickets.

Parking.

Hope this helps Buddy!



- Courtney

4 0
3 years ago
Read 2 more answers
What Is One Reason Why Inflation Can Occur
GrogVix [38]

Answer:

Both types of inflation cause an increase in the overall price level within an economy. Demand-pull inflation occurs when aggregate demand for goods and services in an economy rises more rapidly than an economy's productive capacity.

Explanation:

8 0
3 years ago
Read 2 more answers
To do a thorough environmental scan, a marketer must consider both current and potential ________ in designing a marketing strat
inn [45]

To do a thorough environmental scan, a marketer must consider both current and potential Competitors in designing a marketing strategy.

What is a Environmental scan?

  • Environmental scanning is the examination of outside sources to find elements that affect a firm. Finding and consulting sources outside of the company is the key objective. Despite the fact that these sources cannot be controlled from the standpoint of the business, it is crucial to take them into account when making decisions.
  • SWOT analysis is one well-liked technique for scanning the environment. Strengths, Weaknesses, Opportunities, and Threats are each represented by a letter, and each should be examined. The company's internal factors make up the company's strengths and possibilities, while external variables make up the company's weaknesses and dangers.
  • Companies want the environmental scans they invest time and resources in to produce the most thorough results possible.

To know more about Environmental scan visit:

brainly.com/question/14115531

#SPJ4

8 0
2 years ago
Other questions:
  • A hurricane has disrupted operations at one of your company's facilities and shut down operations completely for several of your
    10·1 answer
  • Janice always makes the first offer during salary negotiations because that number will become the starting point for any furthe
    9·1 answer
  • nternational trade can have big effects on domestic markets. For both an import good and an export good (in other words, address
    14·1 answer
  • You purchased an annual interest coupon bond one year ago that had six years remaining to maturity at that time. The coupon inte
    10·1 answer
  • Maddox Auto Parts, Inc., contracted with Billy's Mufflers Co. to purchase 35 mufflers from their warehouse supplies. All the muf
    6·1 answer
  • Harvey Hotels has provided a defined benefit pension plan for its employees for several years. At the end of the most recent yea
    12·1 answer
  • What is the harder subject you guys ever did
    6·1 answer
  • 1.
    13·1 answer
  • What will be the credit and debit
    5·1 answer
  • the direct write-off method is used for tax purposes but is generally not permitted for financial reporting. true or false?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!