Question 9. Consider the information. Quarterly Demand = 4200, 3200, 4600, 3400, for quarters 1,2,3,4, respectively. Production Standard = 250 items/quarter Unit Hiring Cost = $250/FTE Unit Firing Cost = $350/FTE Unit Carrying Cost = $4/item/quarter With a beginning annual inventory of 800 and an ending annual inventory of 860, then which production plan represents a mixed strategy that satisfies all the requirements? (Note: Satisfying “all requirements” implies not level, not chase, no negative inventory, and meeting ending inventory objective). Select One Answer Quarter 1 Quarter 2 Quarter 3 Quarter 4 Production Plan A 3390 4020 4630 3420 Production Plan B 3865 3865 3865 3865 Production Plan C 3880 3880 3820 3820 Production Plan D 4215 3215 4615 3415 Production Plan E 3875 3885 3875 3825 F None of the above
Question 9. Consider the information.
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Quarterly Demand = 4200, 3200, 4600, 3400, for quarters 1,2,3,4, respectively. Production Standard = 250 items/quarter Unit Hiring Cost = $250/FTE Unit Firing Cost = $350/FTE Unit Carrying Cost = $4/item/quarter |
With a beginning annual inventory of 800 and an ending annual inventory of 860, then which production plan represents a mixed strategy that satisfies all the requirements?
(Note: Satisfying “all requirements” implies not level, not chase, no negative inventory, and meeting ending inventory objective).
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Select One Answer |
Quarter 1 |
Quarter 2 |
Quarter 3 |
Quarter 4 |
|
Production Plan A |
3390 |
4020 |
4630 |
3420 |
|
Production Plan B |
3865 |
3865 |
3865 |
3865 |
|
Production Plan C |
3880 |
3880 |
3820 |
3820 |
|
Production Plan D |
4215 |
3215 |
4615 |
3415 |
|
Production Plan E |
3875 |
3885 |
3875 |
3825 |
|
F |
None of the above |
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