(Solved):   Suppose that you want to use a chase plan. Answer the next three questions using this plan ...

 

Suppose that you want to use a chase plan. Answer the next three questions using this plan.

Do not round your intermediate calculations. Round your final answer to the nearest whole number.

 

What is your production rate in quarter? 2?

A.6000

B.2000

C.4000

D.4250

What is the? hiring/layoff cost of quarter? 3?

A.?$1,000

B.Insufficient information is provided

C.0

D.$28,000

What is the labor cost of quarter? 2?

A.?$70,000

B.?$180,000

C.?$60,000

D.?$120,000

 

This problem has 5 questions. Suppose that you want to use a level plan with backorders (one that produces at the average demand over the four quarters). Answer the next two questions using this plan. Do not round your intermediate calculations. Round your final answer to the nearest whole number. What would be your production rate each month? A. 3500 B. \( 4250,3000,4000,5000 \) C. 4250 D. \( 2000,6000,4000,5000 \) What is the ending inventory in Quarter 2 A. 2250 B. 2500 C. 0 D. 500