GSCM 530 Entire Course New Flashcards
DEVRY GSCM 530 Week 1 Homework Assignment Page 431, Problems 2, 8, and 12 NEW
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GSCM 530 Week 1 Homework Assignment Page 431, Problems 2, 8, and 12 NEW
DEVRY GSCM 530 Week 1 Homework Assignment Page 431, Problems 2, 8, and 12 NEW
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GSCM 530 Week 1 Homework Assignment Page 431, Problems 2, 8, and 12 NEW
DEVRY GSCM 530 Week 2 Homework Assignment Page 459, Problems 4,6 and 8 NEW
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Week 2
Homework Assignment – Page 459, Problems 4,6 and 8.
4. The current aggregate demand requirements for a firm are shown below for the next six months
Month May June July Aug Sept Oct
Demand 120 100 100 100 130 150
The firm always plans to meet all demand. The firm currently has 120 workers capable of producing 120 units in a month (1 unit/worker). The workforce can be increased (at a cost of $500 per worker) or decreased (at a cost of $1000 per worker). Inventory holding cost is $100 per unit per month. The firm currently has 40 units of inventory on hand, and it would like to have at least 40 units available at the end of each month. Regular production cost is $3,000 per unit.
a) What should the aggregate plan be if the inventory holding cost is to be minimized?
6. JokersRWild makes playing cards in several different styles, but a “standard” deck of
cards is used for planning purposes. The average worker at JokersRWild can make
10,000 sets of decks of cards per month at a cost of $1.00 per deck during regular
production and $1.30 during overtime. The company currently employs 25 workers.
Experience shows that it costs $500 to hire a worker and $500 to fire a worker. Inventory
carrying cost is $.25/ deck per month. Given the following demand estimate, develop a
six-month production plan based on level production, chase by changing workforce level, and chase using overtime (if they use overtime, they will not fire anyone and will allow inventory to increase if demand is less than regular production). The beginning inventory is 50,000 and at least that amount is desired each month.
8. Appliances Inc. is preparing an aggregate production plan for washers for next four months. The company’s expected monthly demand is given below in the chart. The company will have 500 washers in inventory at the beginning of the month and desired to maintain at least that number at the end of each month. Below is other critical data:
Production cost per unit = $300
Inventory Carrying cost per month per unit = $50 (based on ending month inventory)
Hiring Cost per worker = $1,000
Firing cost per worker = $2,000
Beginning # of workers = 10
Each worker can produce 100 units per month
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DEVRY GSCM 530 Week 3 Homework Assignment Page 491, Problems 4, 8, 12 and 13 NEW
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Week 3
Homework Assignment – Page 491, Problems 4, 8, 12 and 13
- Based on the BOM shown below, how many units of part F will be needed if 15 units of end item A are needed? If the company decided to purchase part D from suppliers, how would be BOM change? Assume part D is purchased, how many units of part F are needed to make 15 units of end items A?
- Using the information in problem 7 develop an indented BOM.
- Given the BOM and the MPS for end item A, complete the MRP schedule for items A, C, D, and E.
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DEVRY GSCM 530 Week 4 Homework Assignment Page 83. Problems and 8 and 9, Page 491, Problems 18 and 19 NEW
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Week 4
Homework Assignment – Page 83. Problems and 8 and 9
Homework Assignment – Page 491, Problems 18 and 19
8.New Time Videos (NTV)
9. Pizza Time
a. Cash registers?
Page 491, Problems 18 and 19:
- Calculate the processing load and develop the load profile for the computer assembly process. As the planner, what concerns do you have if any? What changes might you consider?
- Calculate the processing load, available capacity, and develop the load profile for the stereo speaker subassembly. Two employees work the assembly process for 40 hours each. As the planner, what concerns do you have and what changes would you make if any?
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DEVRY GSCM 530 Week 5 Homework Assignment Page 528, Problems 4 and 6, Page 547 Problems 4 NEW
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Week 5
Homework Assignment – Page 528, Problems 4 and 6
Homework Assignment – Page 547 Problems 4
- Answer the following questions for the network shown below. Times shown are in days.
Page 547 Problems 4 - Annie is planning a large surprise party for her sister Gwendolyn. She has developed the plan below, including estimates of the time (in hours) and cost necessary to perform each of the activities required at the currently planned pace and at the crashed pace.
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DEVRY GSCM 530 Week 6 Homework Assignment Page 107, Problem 2, Page 327, Problems 2 and 4 NEW
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GSCM 530 Week 6 Homework Assignment Page 107, Problem 2, Page 327, Problems 2 and 4 NEW
DEVRY GSCM 530 Week 6 Homework Assignment Page 107, Problem 2, Page 327, Problems 2 and 4 NEW
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GSCM 530 Week 6 Homework Assignment Page 107, Problem 2, Page 327, Problems 2 and 4 NEW
DEVRY GSCM 530 Week 7 Homework Assignment Page 274, Problems 2, 3 and 4 NEW
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Week 7
Homework Assignment – Page 274, Problems 2, 3 and 4
- The following table contains data about the inventory for 5 items at Jones Corporation. Complete the missing items in the table.
- Suppose Jones Corporation in the above problem determined that its annual inventory carrying cost = 18%. The item unit cost was as follows:
- Again, using the data for Jones Company in Problem 2 and 3, suppose Jones believes that in the upcoming year, the rate of sales expected for each of the 5 items is as follows:
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DEVRY GSCM 530 Week 6 Homework Assignment Page 107, Problem 2, Page 327, Problems 2 and 4 NEW
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GSCM 530 Week 6 Homework Assignment Page 107, Problem 2, Page 327, Problems 2 and 4 NEW
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DEVRY GSCM 530 Week 7 Homework Assignment Page 274, Problems 2, 3 and 4 NEW
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Week 7
Homework Assignment – Page 274, Problems 2, 3 and 4
- The following table contains data about the inventory for 5 items at Jones Corporation. Complete the missing items in the table.
- Suppose Jones Corporation in the above problem determined that its annual inventory carrying cost = 18%. The item unit cost was as follows:
- Again, using the data for Jones Company in Problem 2 and 3, suppose Jones believes that in the upcoming year, the rate of sales expected for each of the 5 items is as follows:
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DEVRY GSCM 530 Week 2 Homework Assignment Page 459, Problems 4,6 and 8 NEW
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Week 2
Homework Assignment – Page 459, Problems 4,6 and 8.
4. The current aggregate demand requirements for a firm are shown below for the next six months
Month May June July Aug Sept Oct
Demand 120 100 100 100 130 150
The firm always plans to meet all demand. The firm currently has 120 workers capable of producing 120 units in a month (1 unit/worker). The workforce can be increased (at a cost of $500 per worker) or decreased (at a cost of $1000 per worker). Inventory holding cost is $100 per unit per month. The firm currently has 40 units of inventory on hand, and it would like to have at least 40 units available at the end of each month. Regular production cost is $3,000 per unit.
a) What should the aggregate plan be if the inventory holding cost is to be minimized?
6. JokersRWild makes playing cards in several different styles, but a “standard” deck of
cards is used for planning purposes. The average worker at JokersRWild can make
10,000 sets of decks of cards per month at a cost of $1.00 per deck during regular
production and $1.30 during overtime. The company currently employs 25 workers.
Experience shows that it costs $500 to hire a worker and $500 to fire a worker. Inventory
carrying cost is $.25/ deck per month. Given the following demand estimate, develop a
six-month production plan based on level production, chase by changing workforce level, and chase using overtime (if they use overtime, they will not fire anyone and will allow inventory to increase if demand is less than regular production). The beginning inventory is 50,000 and at least that amount is desired each month.
8. Appliances Inc. is preparing an aggregate production plan for washers for next four months. The company’s expected monthly demand is given below in the chart. The company will have 500 washers in inventory at the beginning of the month and desired to maintain at least that number at the end of each month. Below is other critical data:
Production cost per unit = $300
Inventory Carrying cost per month per unit = $50 (based on ending month inventory)
Hiring Cost per worker = $1,000
Firing cost per worker = $2,000
Beginning # of workers = 10
Each worker can produce 100 units per month
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