6 119 5474 4,595 Totals: 39,606 14,259 Cost of plan=(39,606)(8.50)+(14,259)14.00) 336.651+ 199,626 =$536.277 d)Here we will determine the size of the work force necessary to meet monthly demands as closely as possible and add additional employees to meet the excess demand. (A) (B) (C) (D=[B/C])(E) (F=D-E) (G=F*C) Demand Working Regular Add'1 Total Hrs. Month Hours Hour Ratio Workers Workers Add.Emply. 1 10,190 154 67 46 21 3234 2 9,920 140 71 46 25 3500 3 9,535 133 72 46 26 3458 4 9,485 168 57 46 11 1848 5 9,261 147 63 46 17 2499 6 4,595 119 39 46 0 Total: 14,539 From part(c),regular employees cost $336,651. Additional employees cost(11)(14,539)=$159,929 Total cost=$336,651+$159,929=$496,580 Answers5 10' The input data for this problem are: 1 P h h' 2500 45000 2.88 2.7200 80 5500 40000 3.24 2.7945 120 1450 26000 3.96 3.7392 60 a)First we compute. (2X80+120+60) =.1373 years Y(2.72(2500)+(2.7945X5500)+(3.7392X1450) b)and c) The order quantities for each item are given by the formula Qj=λT5· Obtain: Q1=343.21 Q2=755.05 Q3=199.06 The respective production times are given by Tj =Qj/Pj. Substituting,one obtains: T1=.007626 T2=.0188766 119 5474 4,595 Totals: 39,606 14,259 Cost of plan = (39,606)(8.50) + (14,259)(14.00) = 336,651 + 199,626 = $536,277 d) Here we will determine the size of the work force necessary to meet monthly demands as closely as possible and add additional employees to meet the excess demand. (A) (B) (C) (D=[B/C]) (E) (F=D-E) (G=F*C) Demand Working Regular Add'l Total Hrs. Month Hours Hour Ratio Workers Workers Add. Emply. 1 10,190 154 67 46 21 3234 2 9,920 140 71 46 25 3500 3 9,535 133 72 46 26 3458 4 9,485 168 57 46 11 1848 5 9,261 147 63 46 17 2499 6 4,595 119 39 46 0 _______ Total: 14,539 From part (c), regular employees cost $336,651. Additional employees cost (11)(14,539) = $159,929. Total cost = $336,651 + $159,929 = $496,580 Answers5 10’ The input data for this problem are:  P h h K 2500 45000 2.88 2.7200 80 5500 40000 3.24 2.7945 120 1450 26000 3.96 3.7392 60 a) First we compute T *. T * = (2)(80 120  60) (2.72 )(2500 )  (2.7945 )(5500 )  (3.7392 )(1450 ) = .1373 years b) and c) The order quantities for each item are given by the formula Qj = Tj. Obtain: Q1 = 343.21 Q2 = 755.05 Q3 = 199.06 The respective production times are given by Tj = Qj/Pj. Substituting, one obtains: T1 = .007626 T2 = .018876