Byron's Manufacturing Makes Tables

question 115

Essay

Byron's Manufacturing makes tables.Demand for the next four months and capacities of the plant are shown in the table below.Unit cost on regular time is $40.Overtime cost is 150% of regular time cost.Subcontracting is available in substantial quantity at $75 per unit.Holding costs are $5 per table per month;back orders cost the firm $10 per unit per month.Byron's management believes that the transportation algorithm can be used to optimize this scheduling problem.The firm has 50 units of beginning inventory and anticipates no ending inventory.
Answer the following questions based on the data table and solution table shown below.
Byron's Manufacturing
Byron's Manufacturing Solution
a.How many units will be produced on regular time in June?
b.How many units will be produced by subcontracting over the four-month period?
c.What will be the inventory at the end of April?
d.What will be total production from all sources in April?
e.What will be the total cost of the optimum solution?
f.Does the firm utilize the expensive options of subcontracting and back ordering? When;why?

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Definitions:

Computer-mediated Interactions

Exchanges or communications between individuals or groups facilitated by computers and the internet, often through social media platforms, email, or chat systems.

Virtual Team

A group of individuals who work together from various geographic locations, connected by technology.

Face-to-face Meetings

Meetings in which participants interact directly with each other in the same physical space, allowing for immediate communication and feedback.

Interpersonal Hostilities

Conflicts or antagonisms between individuals, often manifested through negative behaviors or attitudes.