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Question1: Score 5/5
PP.51 A small manufacturer of specialty welding equipment has developed a chase production plan for the next four
quarters, as seen below:
What is the overall total cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
1046900
Auto graded Grade: 1/1.0
What is the total regular production cost for this production plan? (Display your answer to the nearest whole
number.)
Your response Correct response
1031130
Auto graded Grade: 1/1.0
What is the total holding cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
0
Auto graded Grade: 1/1.0
What is the total hire cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
3520
Auto graded Grade: 1/1.0
What is the total fire cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
12250
Auto graded Grade: 1/1.0
Total grade: 1.0×1/5 + 1.0×1/5 + 1.0×1/5 + 1.0×1/5 + 1.0×1/5 = 20% + 20% + 20% + 20% + 20%
Question2: Score 7/7
PP.52 A manufacturer of solid state drives (SSDs) has projected the next six months of demand to be as shown the
table below:
Cost Variables
Labor cost/hour $20
Overtime cost/unit $36
Subcontracting cost/unit $29
Holding cost/unit/month $14
Hiring cost/employee $3,800
Firing cost/employee $5,900
Capacity Information
Total labor hours/SSD 3
Regular production units/employee/month 200
Max regular production/month 56,000
Max overtime production/month 5,000
Max subcontractor production/month 4,400
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.)
Your response Correct response
19260000
Auto graded Grade: 1/1.0
What is the total overtime production cost for this production plan? (Display your answer to the nearest whole
number.)
Your response Correct response
72000
Auto graded Grade: 1/1.0
What is the total subcontract cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
191400
Auto graded Grade: 1/1.0
What is the total holding cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
0
Auto graded Grade: 1/1.0
What is the total hire cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
600400
Auto graded Grade: 1/1.0
What is the total fire cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
401200
Auto graded Grade: 1/1.0
What is the total cost (sum of all costs) for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
20525000
Auto graded Grade: 1/1.0
Total grade: 1.0×1/7 + 1.0×1/7 + 1.0×1/7 + 1.0×1/7 + 1.0×1/7 + 1.0×1/7 + 1.0×1/7 = 14% + 14% + 14% + 14% + 14% + 14% +
14%
Question3: Score 5/5
PP.61 A small manufacturer of specialty welding equipment has developed a level production plan for the next four
quarters. Note, however, that this plan is incomplete and requires that you first compute the ending inventory for each
quarter (and assume there is no Pre-Q1 ending inventory) before you answer the questions below.
What is the overall total cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
1516740
Auto graded Grade: 1/1.0
What is the total regular production cost for this production plan? (Display your answer to the nearest whole
number.)
Your response Correct response
1406160
Auto graded Grade: 1/1.0
What is the total holding cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
79380
Auto graded Grade: 1/1.0
What is the total hire cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
0
Auto graded Grade: 1/1.0
What is the total fire cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
31200
Auto graded Grade: 1/1.0
Total grade: 1.0×1/5 + 1.0×1/5 + 1.0×1/5 + 1.0×1/5 + 1.0×1/5 = 20% + 20% + 20% + 20% + 20%
Question4: Score 3/7
PP.63 Jupiter, a large candy company, is having great success with its "Swan" family of candy bars. Due to a number of
factors they like to plan their production at least six months into the future. The table below contains their demand
projections (in tons) for April through September:
Cost Variables
Labor cost/hour $16
Overtime cost/ton $36
Subcontracting cost/ton $28
Holding cost/ton/month $15
Hiring cost/employee $3,300
Firing cost/employee $5,200
Capacity Information
Total labor hours/ton 3
Regular production tons/employee/month 100
Max regular production (tons/month) 56,300
Max overtime production (tons/month) 4,000
Max subcontractor production (tons/month) 4,100
Given the above information (and don't overlook beginning number of employees and inventory levels in the first table),
create a LEVEL production plan with only the use of regular production and no inventory left over at the end of the six-
month period.
What is the regular production cost (over the six months from April through September) for a level production plan?
(Display your answer to the nearest whole number.)
Your response Correct response
14256000 15,696,000
Auto graded Grade: 0/1.0
What is the total overtime production cost for this production plan? (Display your answer to the nearest whole
number.)
Your response Correct response
0 0
Auto graded Grade: 1/1.0
What is the total subcontract cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
0 0
Auto graded Grade: 1/1.0
What is the total holding cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
474,000
Auto graded Grade: 0/1.0
What is the total hire cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
165,000
Auto graded Grade: 0/1.0
What is the total fire cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
0 0
Auto graded Grade: 1/1.0
What is the total cost (sum of all costs) for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
16,335,000
Auto graded Grade: 0/1.0
Total grade: 0.0×1/7 + 1.0×1/7 + 1.0×1/7 + 0.0×1/7 + 0.0×1/7 + 1.0×1/7 + 0.0×1/7 = 0% + 14% + 14% + 0% + 0% + 14% + 0%
Question5: Score 5/5
PP.71 A small manufacturer of specialty welding equipment has developed a combination production plan for the next
four quarters, as seen below:
What is the overall total cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
1831370
Auto graded Grade: 1/1.0
What is the total subcontract cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
117390
Auto graded Grade: 1/1.0
What is the total holding cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
5460
Auto graded Grade: 1/1.0
What is the total hire cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
5000
Auto graded Grade: 1/1.0
What is the total fire cost for this production plan? (Display your answer to the nearest whole number.)
Your response Correct response
0
Auto graded Grade: 1/1.0
Total grade: 1.0×1/5 + 1.0×1/5 + 1.0×1/5 + 1.0×1/5 + 1.0×1/5 = 20% + 20% + 20% + 20% + 20%