Shoemakers of America forecasts the following demand for the next six months: 5000 pairs in month 1; 6000 pairs in month 2; 7000 pairs in month 3; 9000 pairs in month 4; 6000 pairs in month 5; 5000 pairs in month 6. It takes a shoemaker 20 minutes to produce a pair of shoes. Each shoemaker works 150 hours per month plus up to 40 hours per month of overtime. A shoemaker is paid a regular salary of $2000 per month plus $20 per hour for overtime. At the beginning of each month, Shoemakers can either hire or fire workers. It costs the company $1000 to hire a worker and $1200 to fire a worker. The monthly holding cost per pair of shoes is 5% of the cost of producing a pair of shoes with regular-time labor. The raw materials in a pair of shoes cost $10. At the beginning of month 1, Shoemakers has 15 workers and 500 pairs of shoes in inventory. Determine how to minimize the cost of meeting (on time) the demands of the next six months.

Answers

Answer 1

Answer:

5,000+6,000+7,000+,9,000+6,000+5,000= 38,000

Step-by-step explanation:

Answer 2

The minimum cost of meeting the demands of the next six months is $7475.00.

Here, we have,

To determine how to minimize the cost of meeting the demands of the next six months, we need to create a production and workforce plan that balances the demand for shoes with the available workforce and inventory.

Let's break down the problem into several steps:

Step 1: Calculate the regular production capacity and overtime capacity:

Regular production capacity: Number of regular working hours per month divided by the time it takes to produce a pair of shoes.

Overtime capacity: Number of overtime hours per month divided by the time it takes to produce a pair of shoes.

Given:

Regular working hours per month: 150 hours

Overtime hours per month: 40 hours

Time to produce a pair of shoes: 20 minutes (1/3 of an hour)

Regular production capacity = 150 hours / (1/3 hour) = 450 pairs per month

Overtime capacity = 40 hours / (1/3 hour) = 120 pairs per month

Step 2: Create a monthly production plan:

We will use the regular production capacity, overtime capacity, and inventory to fulfill the demand for each month.

Starting with the initial inventory of 500 pairs, we calculate the additional production needed for each month to meet the demand.

Month 1:

Demand: 5000 pairs

Additional production needed: 5000 - 500 = 4500 pairs

Month 2:

Demand: 6000 pairs

Additional production needed: 6000 - (500 + 4500) = 1000 pairs

Month 3:

Demand: 7000 pairs

Additional production needed: 7000 - (500 + 4500 + 1000) = 1000 pairs

Month 4:

Demand: 9000 pairs

Additional production needed: 9000 - (500 + 4500 + 1000 + 1000) = 2000 pairs

Month 5:

Demand: 6000 pairs

Additional production needed: 6000 - (500 + 4500 + 1000 + 1000 + 2000) = 0 pairs

Month 6:

Demand: 5000 pairs

Additional production needed: 5000 - (500 + 4500 + 1000 + 1000 + 2000) = 0 pairs

Step 3: Determine the hiring and firing decisions:

To minimize costs, we need to hire or fire workers based on the additional production needed for each month.

Based on the calculations from Step 2, we can identify the following hiring and firing decisions:

Month 1:

Additional production needed: 4500 pairs

Hire 5 workers (cost: 5 * $1000 = $5000)

Month 2:

Additional production needed: 1000 pairs

No hiring or firing needed (as the existing workforce can handle it)

Month 3:

Additional production needed: 1000 pairs

No hiring or firing needed

Month 4:

Additional production needed: 2000 pairs

No hiring or firing needed

Month 5:

Additional production needed: 0 pairs

No hiring or firing needed

Month 6:

Additional production needed: 0 pairs

No hiring or firing needed

Step 4: Calculate the costs:

Now, we can calculate the costs associated with hiring, firing, and production.

Hiring cost: $5000 (Month 1)

Firing cost: $0 (No firing needed)

Holding cost: 5% of the cost to produce a pair of shoes with regular-time labor, multiplied by the inventory at the beginning of each month.

Holding cost for Month 1: 0 (no inventory at the beginning of Month 1)

Holding cost for Month 2: 0.05 * ($2000 + 4500 * $10) = $237.50

Holding cost for Month 3: 0.05 * ($2000 + 5500 * $10) = $297.50

Holding cost for Month 4: 0.05 * ($2000 + 7500 * $10) = $475.00

Holding cost for Month 5: 0.05 * ($2000 + 7500 * $10) = $475.00

Holding cost for Month 6: 0.05 * ($2000 + 7500 * $10) = $475.00

Total cost:

Total cost = Hiring cost + Firing cost + Holding cost

= $5000 + $0 + ($237.50 + $297.50 + $475.00 + $475.00 + $475.00)

= $7475.00

Therefore, the minimum cost of meeting the demands of the next six months is $7475.00.

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Related Questions

A translation is applied to the triangle formed by the points A (-1,4), B(-1,10), and C(3,6). The image is the triangle that has vertices. A’(3,4), B’(3,10), and C’(7,6).

The triangle was translated…

The answers:

4 units to then left

4 units up

4 units to the right

4 units down


Answers

4 units up i believe

Help me out! I’ll give Brainly :) thank you!!

Answers

5^2-2(5)
25-10
F(5)=15

Answer:

f(5) = 15

Step-by-step explanation:

To evaluate f(5) substitute x = 5 into f(x) , that is

f(5) = 5² - 2(5) = 25 - 10 = 15

WILL GIVE

BRAINLIST
...
.

Answers

Answer:

b. gain of 279 pounds

Step-by-step explanation:

107+85-27+114 = 279

Answer:

9100 + 107 + 85 - 27 + 114

Total weight = a. 9379 pounds

Suppose A and B are independent events. If P(A) = 0.6 and P(B) = 0.85, what is P(A and B)?
A. .34
B. .51
C. .17
D. .68

Answers

Answer:0.51 I just took the test

Step-by-step explanation:

help pls!!!! would be appreciated thank you

Answers

Answer:

fairly sure its not the fourth one or the second one- so that narrows it down to the first and third one

Step-by-step explanation:

y are selling lollipops for $0.50 and candy bars for $1.50.
Lydia buys 6 lollipops and some candy bars.

If she spends $15 in total, how many candy bars, b, did Lydia buy?

Answers

Answer:

b=8

Step-by-step explanation:

You multiply $0.50 by 6 (to get the amount of money she spent on lollipops)=3 then you take the 3 and subtract it from $15 which gives you 12, finally you get 1.50-12 and do that 8 times which means she bought 8 candy bars

8. If AC = 2x + 2 and GF = 4x - 14, find the value of x.
help please??

Answers

Answer:

x=8

Step-by-step explanation:

2x+2 = 4x-14

16=2x

x=8

solve for x please answer this question ​

Answers

Answer:

<15

Step-by-step explanation:

What is the value of x???

Answers

Answer:

x=63

Step-by-step explanation:

The degree measure of a line is 180 degrees.

180 degrees is made up of 117 and x

117+x=180

x=63

What is the equation of a circle with center at (4, -2) and a radius of 7?

Answers

let h= 4, k=-2 and r= 7 then

(x-h)^2 + (y-k)^2 = r^2

(x-4)^2 + (y+2)^2 = 7^2

x^2 -8x +16 + y^2 +4y +4 = 49

x^2 +y^2 -8x +4y +16 +4-49 = 0

x^2 + y^2 -8x +4y -29 = 0 is the required eq

The graphs below have the same shape. What is the equation of the blue
graph?

Answers

Answer:

Your answer is C

Step-by-step explanation:

You first look at what is in the parenthesis, and you do the opposite. In this case the opposite of one to the right is -1. Then you look on the outside of the equation. The graph when down three places, so -3

A baker has 10 pies. He will cut all the ples into pieces that are each of the whole ple.
How many pieces of pie will there be?

Answers

Answer:

I believe it to be 80 pieces if they are all cut into 8 pieces

Step-by-step explanation:

Answer:

I'm not sure how big each of the pieces of the pie are but I'm guessing 20 if each piece of pie is 1/2. Good luck on the question. Sorry I couldn't help you much.

Step-by-step explanation:

Maria sold 50 books, or
30% of her book collection,
at a garage sale. How many
books were in Maria's
collection?


No links please

Answers

Answer:

167 books.

Step-by-step explanation:

30% =  50 books

1% = 50/30

100% =  (50/30) * 100

= 167 books.

Can someone help me please

Answers

Answer:

4) 60 ft.²

5) 96 cm.²

6) 96

7) 126

8) 72

9) 32

10) 90

11) 216

(Formula for the area of a rectangle: length x width)

(Remember to follow PEMDAS when calculating the problems.)

I have no idea how to solve this

Answers

Answer:

awww neither do i

Step-by-step explanation:

lol I got a 72 on my matb homework going to go jump off a cliff

What is the Tan J? URGENT HELP PLS

Answers

Answer:

4th Option, [tex]\frac{12}{5}[/tex]

Hope this helps!

Can someone answer this please l

Answers

Answer:

Step-by-step explanation:

(5a + 18) + (48 - a) + (8a - 30) = 180 (Angles on a straight line)

5a + 18 + 48 - a + 8a - 30 = 180

12a + 36 = 180

12a = 180 - 36

a = 144/12

a = 12

therefore, the first angle is, 78 degree, second angle is 36 degree and third angle is 66 degree.

Therefore, the size of the smallest angle is 36 degree

180=5a+18+48-a+8a-30
144=12a
a=12
The middle angle= 36 degree
Give me brilliant

i need help with this math

Answers

Answer:

Perimeter = 56

Area = 196

Step-by-step explanation:

We use the Pythagorean theorem to calculate the half-length of the sides (a):

a² + a² = (7√2)²2a² = 7² * 22a² = 98a = 7

Half of a side is 7, meaning that the full length is 14.

With that in mind we can calculate the perimeter and area:

Perimeter = 14 * 4 = 56Area = 14² = 196

(−10x^2+9)+(8x^2 −5x+7)

Answers

Answer:

-2x^2-5x+16

Step-by-step explanation:

Remove parenthesis:

-10x^2+9+8x^2-5x+7

Combine like terms:

-10x^2+8x^2-5x+9+7

= -2x^2-5x+9+7

=-2x^2-5x+16

It is known that screws produced by a certain company will be defective with probability 0.01, independently of each other. The company sells the screws in packages of 10 and offers a money-back guarantee that at most 1 of 10 screws are defective. That is, the package would have to be replaced if greater or equal to 2 screws are defective. What proportion of packages sold must the company replace

Answers

Answer:

The company must replace 0.0042 = 0.42% of packages.

Step-by-step explanation:

For each screw, there are only two possible outcomes. Either it is defective, or it is not. The probability of an screw being defective is independent of any other screw. This means that the binomial probability distribution is used to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

It is known that screws produced by a certain company will be defective with probability 0.01.

This means that [tex]p = 0.01[/tex]

The company sells the screws in packages of 10

This means that [tex]n = 10[/tex]

That is, the package would have to be replaced if greater or equal to 2 screws are defective. What proportion of packages sold must the company replace?

This is:

[tex]P(X \geq 2) = 1 - P(X < 2)[/tex]

In which:

[tex]P(X < 2) = P(X = 0) + P(X = 1)[/tex]

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 0) = C_{10,0}.(0.01)^{0}.(0.99)^{10} = 0.9044[/tex]

[tex]P(X = 1) = C_{10,1}.(0.01)^{1}.(0.99)^{9} = 0.0914[/tex]

[tex]P(X < 2) = P(X = 0) + P(X = 1) = 0.9044 + 0.0414 = 0.9958[/tex]

[tex]P(X \geq 2) = 1 - P(X < 2) = 1 - 0.9958 = 0.0042[/tex]

The company must replace 0.0042 = 0.42% of packages.

Ryan and Carl each get paid a basic pay of £60 per day.
One day, Ryan also gets a bonus of 25% of his basic pay.
Carl also gets £20 in tips from customers.
Work out the difference between the total amounts of money that Ryan and Carl each get.

Answers

Answer:

Difference between both pay = £5

Step-by-step explanation:

Given:

Basic pay of Ryan = £60 per day

Basic pay of carl = £60 per day

Ryan get bonus = 25% of basic pay

Carl get = £20 as tip

Find:

Difference between both pay

Computation:

Total of Ryan pay = 60 + 25%(60)

Total of Ryan pay = 60 + 15

Total of Ryan pay = £75

Total of Carl pay = 60 + 20

Total of Ryan pay = £80

Difference between both pay = 80 - 75

Difference between both pay = £5

find the area of this parallelogram with the measurements 5.2cm and 8.4cm​

Answers

Answer:

43cm square

Step-by-step explanation:

A= bh

A=8.4cm x 5.2cm

A=43.68cmsqr

The dot plots show the heights of boys and girls at a summer camp. Heights of Boys and Girls at Camp 2 dot plots with number lines going from 40 to 60. A plot is titled Boy's Heights. There are 0 dots above 40, 1 above 41, 3 above 44, 3 above 46, 2 above 48, 3 above 50, 4 above 52, 4 above 54, and 0 above 56, 58, and 60. A plot is titled Girl's Heights. There are 0 dots above 40 and 41, 2 dots above 44, 3 above 46, 1 above 48, 3 above 50, 4 above 52, 3 above 54, 4 above 56, and 0 above 58 and 60. Which is a true statement for most of the data in each plot? Most of the data in each plot are greater than 48. Most of the data in each plot are less than 48. Most of the data in each plot are around 52. Most of the data in each plot are around 54.

Answers

Answer:

A- most of the data in each plot is greater than 48

Step-by-step explanation:

took the test

Answer:

a

Step-by-step explanation:

a


Plz help me well mark brainliest if correct!!....ñ

Answers

B. A and C, they both have area of 48.

Answer:

Option B.

Step-by-step explanation:

Have a great day!

you don’t have to give Brainliest ;)

Select all the equations that are equivalent

Answers

Answer:

52=8n +4

4=52-8n

are equivalent

Answer:

a, b, c, e

Step-by-step explanation:

4(2n + 1) = 52 is the same as 52 = 8n + 4 if you use distributive property.

4 = 52 - 8n is the same as 52 = 8n + 4. The 8n is just subtracted from both sides.

4n = 48 is not the same as 4(2n + 1) = 52 or 52 = 8n + 4 or 4 = 52 - 8n.

n = 6 is the solution to the equation so it is equivalent.

PLEASE PLEASE PLEASE look below I am crying

Answers

Answer:

it's C

Step-by-step explanation:

Imagine a coordinate plane. Move 5 units away, you'll end up with (-5, 2).

Hope I helped

suppos f(x) = x^3 find the graph of f(x+1)

Answers

Answer:

(x+)^3

Step-by-step explanation:

Go step by step to reduce the radical sqrt 180

Answers

Answer:

6√5

Step-by-step explanation:

REMEMBER THE REMAINDER

Answer:

6[tex]\sqrt{5}[/tex]

Step-by-step explanation

1. Factor 180 into square numbers

180 = 9*4*5

2. [tex]\sqrt{180}[/tex] = [tex]\sqrt{9*4*5}[/tex]

3. Bring out the square numbers to the outside of the square root.

4. 3*2[tex]\sqrt{5}[/tex] = 6[tex]\sqrt{5}[/tex]

Plz help me well mark brainliest if correct!!.....

Answers

Answer:

D

Step-by-step explanation:

Do I need to explain?

Answer:

D(8)

Step-by-step explanation:

So remember, 2 opposite sides of a triangle are equivelent.

We know that one of these sides are 3.

So the other side must be 3 as well.

This is 2 of the 4 sides of a rectangle.

If each side is 3, and there are two sides, this means that they add up to 6.

Subtract this from your total permiter:

22-6

=

16

Now remember, there are 2 sides left.

To find the answer, divide the 16(permiter left) by the 2(sides left):

16/2

=

8

This is your answer!

Hope this helps! :)

A recipe requires 6 1/8 cups of milk Ran put in 3 7/8 cups and emptied a container. How much more milk does he need to put in?

Answers

Answer:

he would need 2 2/8 cups of milk

Step-by-step explanation:

you would just  need to subtract 3 7/8 from 6 1/8

6 1/8 - 3 7/8 = 2 2/8

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