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It Costs $10 to Make a Single Unit Using Regular

question 66

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It costs $10 to make a single unit using regular production and $15 to make a single unit using overtime production. Total overtime production is limited to 1000 units for the five-month period. The manufacturing plant has a regular production capacity of 250 units per month and 225 units in inventory at the start of the planning period. There is a $5 per unit charge for holding inventory at the end of each month and a limit of 600 units ending inventory for any period. What is the minimum cost production plan if the forecast must be met with a zero ending inventory each month?  Month  Forecast  Tanuary 250 February 200 March 300 April 400 May 500\begin{array} { | l | c | } \hline { \text { Month } } & \text { Forecast } \\\hline \text { Tanuary } & 250 \\\hline \text { February } & 200 \\\hline \text { March } & 300 \\\hline \text { April } & 400 \\\hline \text { May } & 500 \\\hline\end{array}


Definitions:

Job Sharers

Employees who collectively fulfill the duties of one full-time position, sharing the responsibilities, hours, and benefits proportionally.

Nontraditional Worker

An individual engaged in employment types that differ from full-time, permanent jobs with traditional benefits.

Shift Ends

The specified times at which work shifts conclude, signaling the period for employees to stop work-related activities.

Flexible Work Options

Employment arrangements that allow for variations in working time, location, and manner to accommodate the needs of both employers and employees.

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