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
1 2300 Beginning inventory 200 units
2 2400 Stockout (backorder) cost $50 per unit
3 2600 Inventory holding cost $10 per unit at end of quarter
4 2100 Hiring workers $4 per unit
Laying off workers $8 per unit
Unit cost $30 per unit
What is the total cost of pursuing a chase aggregate plan over the coming year?
For a chase strategy, quarterly production should be Q1: 2100; Q2: 2400; Q3: 2600;
and Q4: 2100. Costs associated with this plan are:
Cost element Detail Extension
Layoffs Reductions are 400 units in Q1 and 500 units in Q4. Costs are 900 × $8 $7,200
Hiring Increases are 300 units in Q2 and 200 units in Q3. Costs are 500 × $4 $2,000
Unit cost $30 × 9,200 $276,000
TOTAL $285,200.00
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Presented below are selected data from the financial statements of Provost Corp 2017 2016 Net income $110,000 $123,000 Cash dividends paid on common stock $42,000 $38,000 Market price per share of common stock at the end of the year $16.00 $13.00 Shares of common stock outstanding 140,000 140,000 The dividend payout ratio for 2017 is
a. 1.8% b. 30.0% c. 36.3% d. 38.0%
Use the incomplete stockholders' equity section of Vargas Company's balance sheet as of December 31, 2015, to answer the following question. Common stock, $7 par, 100,000 shares authorized $700,000 Additional paidÂin capital—common 160,000 Retained earnings ? Treasury stock (2,000 shares at cost) (16,000) Total stockholders' equity 974,000 What is the amount of Vargas' retained earnings?
a. $130,000 b. $ 98,000 c. $860,000 d. $114,000
We wont be able to attend this years marketing conference, that will focus on men clothing trends
What will be an ideal response?
President Ronald Reagan and his communication advisors followed three key principles in their attempts to manage the news
Indicate whether the statement is true or false