Menemenspor Company needs to determine the production plan for the 3 periods whose demandvalues are given below. They will use chase strategy.PeriodMay232000JuneJulyWorking DaysDemand201419501900The company produced 28800 units in the last year using 60 workers in 240 days. Hiring cost isS600 per worker and firing cost is 800 per worker. Inventory holding cost is S3 per item and thepay S100 to every worker daily. Currently there are 37 workers in the company.a. Find how many items a worker can produce per day.b. Fill in the following production table.PeriodWorking daysMayJuneJuly232014Demand200019501900Units/workerWorkers neededWorkers availableWorkers hiredHiring costWorkers firedFiring costLabor costc. Calculate the total labor cost of the whole plan..

a) The number of items that a worker can produce in a day shows per day productivity of a worker. It…

Menemenspor Company needs to determine the production plan for the 3 periods whose demand values are given below. They will use chase strategy. Period Working Days Demand May 23 2000 June 20 1950 July 14 1900 The company produced 28800 units in the last year using 60 workers in 240 days. Hiring cost is S600 per worker and firing cost is 800 per worker. Inventory holding cost is $3 per item and the pay S100 to every worker daily. Currently there are 37 workers in the company. a. Find how many items a worker can produce per day. b. Fill in the following production table. Мay 23 2000 July Period Working days Demand Units/worker Workers needed Workers available Workers hired Hiring cost Workers fired Firing cost Labor cost June 20 14 1950 1900 c. Calculate the total labor cost of the whole plan. с.

Menemenspor Company needs to determine the production plan for the 3 periods whose demand values are given below. They will use chase strategy. Period Working Days Demand May 23 2000 June 20 1950 July 14 1900 The company produced 28800 units in the last year using 60 workers in 240 days. Hiring cost is S600 per worker and firing cost is 800 per worker. Inventory holding cost is $3 per item and the pay S100 to every worker daily. Currently there are 37 workers in the company. a. Find how many items a worker can produce per day. b. Fill in the following production table. Мay 23 2000 July Period Working days Demand Units/worker Workers needed Workers available Workers hired Hiring cost Workers fired Firing cost Labor cost June 20 14 1950 1900 c. Calculate the total labor cost of the whole plan. с.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

See similar textbooks

Similar questions

A blant broduces dayof A 15000gallons per r chemical cost partiçular 2.5millions in 31987.when the Cost index was. 1674. The Cost now for louilding. that produces "40,000 gallous per day with fexponent) of08 Milligns. Similar plant cost capacity factor 5 Millions. what's the st indexi now. र
. A call center in India used by U.S. andU.K. credit card holders has a capacity of1,400,000 calls annually. The fixed cost ofthe center is $775,000 with an averagevariable cost of $2 and revenue of $3.50 percall.(a) Find the percentage of the capacitythat must be placed each year tobreak even.
What are the fixed cost and variable cost form th ebelow list? 3000 Bottles price 25782.62 years Website hosting 1201.28Stickers printing price 5723.45Shipment of stickers 2280Delivery Order charges 3793.32Customs duty 744Clearance 360Shipping documentation 413MPL charges 554.38Rent of warehouse 6500Wages 3000Raw Materials 4000Unit Selling price
The change in fotal costjof proaucCuọn as the output or total product of the business is expanded is: LATHE Marginal cost (b) The Total variable cost (c) Average variable cost (d) Average fixed cost
Engineering Economics 0006 Please show step by step solution
Scatter Diagrams and High-Low Cost Estimation From April 1 through October 31, Coles County Highway Department hires temporary employees to mow and clean the right-of-way along county roads. The County Road Commissioner has asked you to help her in determining the variable labor cost of mowing and cleaning a mile of road. The following information is available regarding current-year operations: Miles Mowed Labor Month and Cleaned Costs April 240 S6,800 May 305 7,680 June 325 8,310 July 275 7,200 August 220 6,550 September 200 5,760 Оctober 75 4,960 Use the information from the high- and low-volume months to develop a cost-estimating equation for monthly labor costs. Monthly labor costs - $ 3,955 v + $ 13.4 v X Plot the data on a scatter diagram. Using the information from representative high- and low volume months, use the high-low method to develop a cost-estimating equation for monthly labor costs. Monthly labor costs - $ 9,181 x + $ 13.4 x x Adjust the equation developed in…
Mc Donald's sells 1500 burgers per year. The cost to place an order for raw materials is RO 40. The cost of one burger is RO 0.600 and the carrying cost is 20% of the cost. Find the Economic Order Quantity. a. 1000 units b. 2000 units 1500 units Od. 800 units
plz solve it within 30-40 mins I'll give you multiple upvote..hand written
The Pery Corporation ecorded the following budgeted and actual information lating to fixed overtead costs for its Z-Line of products Standwd fixed overhead per direct labor hour Standard direct labor hours per unit Budgeted production Budgeted foxed overhead costs $3.00 05 2,860 $4,275.00 Actual production in units Actual fixed overhead costs incumred 4.400 $1,500 00 What is Perry's fxed manufacturing overhead volume vanance? OA S2,325.00 unfavorable OR $2.325 00 tavorable OC S2,775 00 unfavorable OD. $2.775.00 favorable
Please answer C with new equipment106,000cost is
An oil refinery produces one base type of crude oil. The total cost is given by the equation Total Cost, TC = 50,000 +20.2D +0.0001D². The sales price in dollars per barrel is 35. At what level of production in barrels/week is cost/barrel minimum? What is the minimum cost per barrel? What is the maximum weekly profit that the company can make? At what level of production is the maximum weekly
Cost/Unit $30 $23 $20 $18 $10 25 ATC₁ 30 ATC₂ 40 ATC₂ 45 ATC4 Output