Using the Given Information,determine the Following

question 41

Essay

Using the given information,determine the following.
a.What is total forecasted demand?
b.What is total regular time capacity?
c.How should overtime capacity be utilized?
d.What are total regular time costs?
e.What are total overtime costs?
f.What are total carrying costs?
g.What are total backorder costs?
h.What are total costs for each period?
i.What are total costs for the six periods?
j.If hiring cost is $500 and firing cost if $400,would it be more economical on a per unit basis to use overtime or to hire and fire a temporary person (who can produce a maximum of 40 units per period)? What would be the difference in total costs for the six periods?

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Definitions:

Massage Legs

The action of rubbing and kneading the muscles and joints of the legs to relieve tension or pain.

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Injuries to skin and underlying tissue resulting from prolonged pressure on the skin, commonly known as bedsores.

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The practice of regularly moving patients who are unable to move themselves to prevent bedsores and promote circulation.

Nursing Assistive Personnel

Healthcare workers who assist nurses in providing patient care, typically with duties that include basic nursing tasks and support functions.