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Golden Eagle Machine Works Has the Following Demand Requirements and Other

question 56

Essay

Golden Eagle Machine Works has the following demand requirements and other data for the upcoming four quarters.
 Quarter Demand  Previous quarter’s output 2500 units 12300 Beginning inventory 200 units 22400 Stockout cost $50 per unit 32600 Iniventory holding cost $10 per unit at end of quarter 42100 Hiring workers $4 per unit  Laying off workers $8 per unit  Laying off workers$8 per unit Unit cost$30 per unit \begin{array}{|l|l|l|l|}\hline\text { Quarter}& \text { Demand }& \text { Previous quarter's output } & 2500 \text { units } \\\hline 1&2300&\text { Beginning inventory } &20 0 \text { units } \\\hline2&2400&\text { Stockout cost } & \$ 50 \text { per unit } \\\hline3&2600 &\text { Iniventory holding cost } & \$ 10 \text { per unit at end of quarter } \\\hline4&2100 &\text { Hiring workers } & \$4 \text { per unit } \\\hline &&\text { Laying off workers } & \$ 8 \text { per unit } \\\hline&& \text { Laying off workers}& \$8 \text { per unit } \\\hline&& \text {Unit cost} & \$ 30 \text { per unit }\\\hline\end{array}



What is the total cost of pursuing a chase aggregate plan over the coming year?


Definitions:

Expectancy Violations Theory

A theoretical framework suggesting that people's reactions to others' behavior are based on whether they exceed or fall short of expectations.

Illustrator

A professional or application that creates or uses images to accompany text or to convey ideas visually.

Regulator

Elements or behaviors in communication that control, govern, or adjust the flow of conversation.

Nonverbal Skills

The ability to communicate and interpret messages without the use of words, through body language, facial expressions, and other non-verbal cues.

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