The personnel department of the A&M Corporation wants to know how many workers will be needed each month for the next six-month production period. The following is a monthly demand forecast for the six-month period. The inventory on hand at the end of June was 500 units . Each unit requires five employee-hours to produce, there are 20 working days each month, and each employee works an eight-hour day. The workforce at the end of June was 35 workers. It costs $500 for each worker hired. Severance pay amounts to $1000 per worker. Each employee gets paid $8.00 per hour. It costs $10 per month to hold each unit of inventory. Overtime is NOT allowed. HINT: Determine K in terms of units per day per worker a)Determine a minimum inventory production plan (i. e., one that allows arbitrary hiring and firing). b)Determine the production plan that meets demand but does not hire or fire workers during the six-month period. c)Let’s say subcontracting is allowed. Let’s say we implement the constant workforce with subcontracting plan, what would the cost of subcontracting need to be to beat the cheaper of the two options above? d)Using this subcontracting cost of $50, formulate a LP and solve to optimality for the constraints of this problem I highly recommend solving parts A, B, and C by hand and checking against the excel worksheet.

Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.

Need with an adjusting journal entrycmc records depreciation and amortization expense annually. they do not use an accumulated amortization account. (i.e. amortization expense is recorded with a debit to amort. exp and a credit to the patent.) annual depreciation rates are 7% for buildings/equipment/furniture, no salvage. (round to the nearest whole dollar.) annual amortization rates are 10% of original cost, straight-line method, no salvage. cmc owns two patents: patent #fj101 and patent #cq510. patent #cq510 was acquired on october 1, 2016. patent #fj101 was acquired on april 1, 2018 for $119,000. the last time depreciation & amortization were recorded was december 31, 2017.before adjustment: land: 348791equpment and furniture: 332989building: 876418patents 217000