Supply/Demand Info Forecast (demand) Regular production Subcontract production Ending inventory Hired employees Fired employees Total employees Pre-Q1 Q1 49 6,300 6,300 4 45 Q2 6,020 6.020 2 43 The table below shows additional relevant information: Capacity Information & Cost Variables Production rate (units/employee/quarter) Subcontractor capacity (units/quarter) Regular production cost/unit Holding cost/unit/quarter Hiring cost/employee Firing cost/employee Subcontract cost/unit 140 520 $66 $9 $1,040 $2,300 $103 Q3 Q4 5,600 4,900 5,600 4,900 3 40 5 35 What is the overall total cost for this production plan? (Display your answer to the nearest whole number.) Number What is the total regular production 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.) Number 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
Supply/Demand Info Forecast (demand) Regular production Subcontract production Ending inventory Hired employees Fired employees Total employees Pre-Q1 Q1 49 6,300 6,300 4 45 Q2 6,020 6.020 2 43 The table below shows additional relevant information: Capacity Information & Cost Variables Production rate (units/employee/quarter) Subcontractor capacity (units/quarter) Regular production cost/unit Holding cost/unit/quarter Hiring cost/employee Firing cost/employee Subcontract cost/unit 140 520 $66 $9 $1,040 $2,300 $103 Q3 Q4 5,600 4,900 5,600 4,900 3 40 5 35 What is the overall total cost for this production plan? (Display your answer to the nearest whole number.) Number What is the total regular production 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.) Number 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
Chapter19: Pricing Concepts
Section: Chapter Questions
Problem 6DRQ
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