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GSCM 334 Mtls Resource & Cap Pln wLab Week 1Homework Answer

GSCM 334 Mtls Resource & Cap Pln wLab Week 1_Homework_Answer

GSCM 334 Mtls Resource & Cap Pln wLab Week 1_Homework_Answer

GSCM 334 Mtls Resource & Cap Pln wLab Week 1_Homework_Answer

GSCM 334 Mtls Resource & Cap Pln wLab Week 1_Homework_Answer

Homework
• Chapter 1: Critical Thinking Exercise 2 (p. 37)
Why is it important to match supply and demand? If a manager believes that supply and demand will not be equal, what actions could the manager take to increase the probability of achieving a match?

• Chapter 2: Discussion & Review Question 2 (p. 64), Problem 3 (p. 65)
Discussion & Review Question 2: List the key ways that organizations compete.

Problem 3: Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. What do the productivity figures suggest? Assume 40-hour weeks and an hourly wage of $12. Overhead is 1.5 times weekly labor cost. Material cost is $6 per pound.

• Chapter 11: Discussion & Review Questions: 3 & 7 (p. 502, p. 503), Problem 4 (p. 503)
Discussion & Review Questions: 3 – What is aggregate planning? What is its purpose?

Discussion & Review Questions: 7 – Briefly discuss the advantages and disadvantages of each of these planning strategies:
a. Maintain a level rate of output and let inventories absorb fluctuations in demand.
b. Vary the size of the workforce to correspond to predicted changes in demand requirements.
c. Maintain a constant workforce size, but vary hours worked to correspond to predicted demand requirements.

Problem 4: Refer to Example 2. Determine whether a plan to use subcontracting at a maximum rate of 50 units per period as needed with no overtime would achieve a lower total cost than the plan shown in Example 2. Again, plan for a zero inventory balance at the end of period 6.

Chapter 11: Problems # 4 (p. 503)

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