A manufacturer of solid state drives (SSDs) has projected the next six months of demand to be as shown the table below:
Supply/Demand Info Beginning Jan Feb Mar Apr May Jun
Forecast (demand) 52,200 48,000 53,800 62,000 53,400 56,000
Regular production
Overtime production
Subcontract production
Ending inventory 7,000
Hired employees
Fired employees
Total employees 190
Cost variables are as follows:
Cost Variables
Labor cost/hour $20
Overtime cost/unit $31
Subcontracting cost/unit $29
Holding cost/unit/month $10
Hiring cost/employee $3,500
Firing cost/employee $5,100
Here is some additional relevant (capacity) information:
Capacity Information
Total labor hours/SSD 2
Regular production units/employee/month 200
Max regular production/month 56,600
Max overtime production/month 4,800
Max subcontractor production/month 4,600
Assuming the company uses regular production first, then ONLY overtime and/or subcontract production, answer the following questions:
What is the regular production cost (over the six months from January through June) for a CHASE production plan? (Display your answer to the nearest whole number.)
Number
What is the total overtime production cost for this production plan? (Display your answer to the nearest whole number.)
Number
What is the total subcontract cost for this production plan? (Display your answer to the nearest whole number.)
Number
What is the total holding cost for this production plan? (Display your answer to the nearest whole number.)
0
What is the total hire cost for this production plan? (Display your answer to the nearest whole number.)
Number
What is the total fire cost for this production plan? (Display your answer to the nearest whole number.)
Number
What is the total cost (sum of all costs) for this production plan? (Display your answer to the nearest whole number.)
Number
Supply/Demand Info Beginning Jan Feb Mar Apr May Jun
Forecast (demand) 52,200 48,000 53,800 62,000 53,400 56,000
Regular production
Overtime production
Subcontract production
Ending inventory 7,000
Hired employees
Fired employees
Total employees 190
Cost variables are as follows:
Cost Variables
Labor cost/hour $20
Overtime cost/unit $31
Subcontracting cost/unit $29
Holding cost/unit/month $10
Hiring cost/employee $3,500
Firing cost/employee $5,100
Here is some additional relevant (capacity) information:
Capacity Information
Total labor hours/SSD 2
Regular production units/employee/month 200
Max regular production/month 56,600
Max overtime production/month 4,800
Max subcontractor production/month 4,600
Assuming the company uses regular production first, then ONLY overtime and/or subcontract production, answer the following questions:
What is the regular production cost (over the six months from January through June) for a CHASE production plan? (Display your answer to the nearest whole number.)
Number
What is the total overtime production cost for this production plan? (Display your answer to the nearest whole number.)
Number
What is the total subcontract cost for this production plan? (Display your answer to the nearest whole number.)
Number
What is the total holding cost for this production plan? (Display your answer to the nearest whole number.)
0
What is the total hire cost for this production plan? (Display your answer to the nearest whole number.)
Number
What is the total fire cost for this production plan? (Display your answer to the nearest whole number.)
Number
What is the total cost (sum of all costs) for this production plan? (Display your answer to the nearest whole number.)
Number