Harold Grey owns a small farm in the Salinas vale that grows apricots. The apricots are dried on the premises and sold to a number of large supermarket chains. Based on past visualise and committed contracts, he estimates that sales all over the next flipper years in thousands of packages will be as follows:
| course of instruction |Forecasted Demand |
| |(thousands of packages) |
|1 |300 |
|2 |120 |
|3 |200 |
|4 |110 |
|5 |135 |
espouse that from each one worker stays on the job for at least one year, and that Grey currently has three workers on the payroll. He estimates that he will have 20,000 packages on surpass at the end of the current year. Assume that, on the average, each worker is paid $25,000 per year and is responsible for producing 30,000 packages. Inventory be have been estimated to be 4 cents per package per year, and shortages are non allowed.
Based on the effort of interviewing and training new workers, farmer Grey estimates that it costs $500 for each worker hired. disruption pay amounts to $1,000 per worker.
a. Assuming that shortages are not allowed, determine the stripped constant workforce that he will need over the next louver years.
b. Evaluate the cost of the plan open up in part (a).
P4-2
For the data given in P4-1, interpret the cumulative net demand.
a. Graphically determine a action plan that changes the intersection rate exactly once during the louvre years, and evaluate the cost of that plan.
b. Graphically determine a production plan that changes the production rate exactly twice during the five years, and evaluate the cost of that plan.
P4-3
An implicit assumption made in P4-1 was that dried apricots unsold at the L. end of a year could be sold in subsequent years. Suppose that apricots unsold at the end of any...If you want to get a honest essay, order it on our website: Ordercustompaper.com
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