CHASE Plan (Hiring / Firing only] Beginning Inventory: 50 Beginning Workers: 16
ID: 332769 • Letter: C
Question
CHASE Plan (Hiring / Firing only] Beginning Inventory: 50 Beginning Workers: 16 Month Worker:s Inventory Required Demand Regular OvertimeEnding Hire Fire Production 1,000 1,200 1,500 1,300 4 Total 30. What is the inventory carrying cost of the chase plan? a. 2,000 b. 1,000 c. 200 31. What is the total cost of hiring and firing the workers? a. 6,400 b. 5,000 ?. 800 d. 0 32. The following network diagram shows the six tasks required to complete a project and the associated times for those tasks Task B 10 weeks Task D 6 weeks Task F l week Start Task A 2 weeks Task C 7 weeks Task E 11 weeks Which task has the greatest amount of slack? a. Task A b. Task B c. Task C d. Task D e. Task EExplanation / Answer
30. In chase plan you create as per demand. There is no inventory. Hence inventory carrying cost is zero.
31. The number of units manufactured by one worker is not given. Also, hiring and firing costs are not shared. Let's assume one worker makes 100 units a month and beginning workers is 16 (given =16).
Now you will fire 6 employees in M1, hire 2 in M2, hire 3 in M3 and fire 2 in M4.
Total fired = 8, Total hired =5 , Multiple total fired * Firing cost and total hired * hiring cost. Add both to get the answer.
32. Critical path is A-B-E-F
Task C can be delayed by 3 weeks without delaying the project and Task D can be delayed by 5 weeks without delaying the project. Hence , Task D has maximum slack.