8/9/2019 FoldRite

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FoldRite CaseOM-II

Section-B

Group-1

Indrajeet Kumar 149278102

Amit Misra 14927809!

"i#a$ Kumar 14927809!

%aies Kumar 14927809!

&rasnat 'atas(ar 14927809!

8/9/2019 FoldRite

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)ase strate*$

+sin* O,ertimeWorking hour per day=10

Wages (Skilled) = 19 *1.33 = !." per hr

Wages (#nskilled) = 9*1.1=9.9 per hr$rodu%tion re&uire'ent = e'and ore%ast

$rodu%tion hours re&uired (skilled) = e'and ore%ast * i'e taken to produ%e

one unit +(,0*0.9!)

$rodu%tion hours re&uired (unskilled) = e'and ore%ast * i'e taken to produ%e

one unit+(,0*0.9!)

Works re&uired = $rodu%tion hours re&uired + -ours per 'onth per orker

/or'al ages = $rodu%tion -ours Re&uired (Skilled) * "

$rodu%tion -ours Re&uired (#nskilled) *9.9

rom ca#cu#ation .or num/er o. #a/ours reuired e o/tained .o##oin*

resu#ts .or te products3 Skille

d

#nskill

ed

nnual

2olu'e

Skilled

Workers

unskill

ed

orker

sCloudChair 9 !40 9 0lStrong 1.4 4 30,91, 33 "5reenCo'o

rt

13 31 !3!"0 4 ,,

)a#cu#ation .or )#oud)air6

7anuary

Fe8ruary

ar%h

pril ay 7une 7uly ugust

Septe'8

er

:%to8er

/o;e'8er

e%e'8er

e'and

Fore%ast(aily)

40 100

0

!0

0

10

0

3!

0

0

0

40

0

39!

0

000 1!0

0

900 900

$rodu%tion ays

in 'onth

1, 1! 14 14 1! 14 14 1" 1" 14 1, 1

e'and

Fore%ast('onthly)

4

0

1!0

00

!0

00

"34

00

,!

!0

"9

00

4,

00

,"1

!0

300

0

"0

00

10

0

1,0

0$rodu%tion -ours

Re&uired(Skilled)

1!".

193

!,.

31!

4

1!"

4.9

"

!4

9."

4

9."

""

4.9

"

303

1.!"

9

3!

,.1

119

.94

9".

3,4

!0!.

,3

.

10!3

$rodu%tion -ours

;aila8le (Skilled)

1

0

13!

0

1,

0

1,

0

13!

0

1,

0

1,

0

1!3

0

1!30 1,

0

10 1,0

$rodu%tion -ours

Re&uired(#nSkille

d)

"0".

3,4

3,

4.

1

"10

!.,

3

11,

!.,

3

103

0.,

3

1!

0!.

,

13,

.1

1

10,

0.,

3

!3,4

.1

,

3.1!

4

"3

.,4

1949

."

$rodu%tion -ours

;aila8le

(#nskilled)

,0

0

,00

0

"0

0

"0

0

,00

0

"0

0

"0

0

,40

0

,400 "0

0

,00 !,00

dditional -ours

Re&uired(Skilled)

0 0 0 9,9.

"3

"

939.

"3

"

11!

4.9

"

11

1.!"

9

4,.

10

0 0 0 0

dditional -ours

Re&uired(#nSkille

d)

0 0 0 !

.,3

30

.,3

!30

!.,

3

,

.10

!

340

.,3

0 0 0 0

otal dditional

-ours Re&uired

0 0 0 !

.10

!

!

.10

!

,,

.1

1

"4!

3.,4

,

4.""

0 0 0 0

8/9/2019 FoldRite

3/5

:;erti'e

Wages

0 0 0 104,

9.!

99!0.

43

1"1

3.1

191"

1.

4""43.

93

0 0 0 0

/or'al Wage 109"!.

1

3,"".

3"

110

.1

140"9

".1

1!94!

1.1

190

,.1

11,,

.4

1,!0

!."

439.

0

,,1!.

,

3!"".

"

304,".

"9

Ra 'aterial

Cost

!!!0.

1"!9!

0

!"4!

0

4,!,"

",!34

.!

9901

,

1013

"

"4",,

9.!

3944

0

31,"1

0

1,491

1""9

4

otal Cost ,3!!.,1

1,9".

,3409.1

11931

10"34

1!"!!

13"304

10399!9

411

344!!.3

0149.!

1"4,,!.4

'ota# cost ca#cu#ation3Si'ilarly< %al%ulation or other to produ%ts ere done and nal results o8tained

are olloing6

)#oud)a

irA#Stro

n*Green)o

m.ort 'ota#$rodu%tion -ours

Re&uired(Skilled) 1439, ,491 !"43

1414

9$rodu%tion -ours ;aila8le(Skilled) 14000 ,,000 !,000

140000

$rodu%tion -oursRe&uired(#nSkilled) 4"41 1!0",, 13"90,

57145

$rodu%tion -ours ;aila8le(#nskilled) 40000 1000 13000

5!000

dditional -oursRe&uired(Skilled) !30, ,9"0 0," 1!542dditional -oursRe&uired(#nSkilled) 30! 1!"3 10"," 04

otal dditional -oursRe&uired 9,11 3 1433 !!887

:;erti'e Wages !,0 939!4 310315700

55

/or'al Wage 143933

" 4,,437545

04

Ra 'aterial Cost ,19401!!3"

! 1"393!"5414288!

'ota# )ost 799!24118981911 1880071

4288225

'ota# cost64288225

+sin* Su/contractin*

Skilled#nskilled

nnual2olu'e

/o.oSkilledWorkers

/o ounskilledorkers

$er#nit>a8our Cost

Su8Contra%ted $er #nit>a8our Cost

$er#nit

otalCost

CloudChair 9!4

0 9 0 .33 ."9, 1.0,

lStrong 1.4 4

30,91

, 33 " 10.01 1.01 !9."15reenCo' 13 31 !3!" 4 ,, 10.!9 1."04 ,0.43

8/9/2019 FoldRite

4/5

ort 0

CloudCha

ir

7anua

ry

Fe8r

uary

ar%

h

pri

l

ay 7une 7uly ugu

st

Septe

'8er

:%to

8er

/o;e

'8er

e%e

'8er

?eginning

@n;entory

0 341

4"

,31

4"

,,1

4"

03

4"

1!13

"

A

1,0,

3

A

!,

3

A

","

9

A

,9

!

A

39

!

A

1!,"

4

e'and

Fore%ast(ail

y)

40 100

0

!0

0

10

0

3!

0

00 400 39!0 000 1!00 900 900

$rodu%tion

ays in

'onth

1, 1! 14 14 1! 14 14 1" 1" 14 1, 1

e'and

Fore%ast('o

nthly)

40 1!0

00

!0

00

"34

00

,!

!0

"90

0

4,0

0

,"1!

0

300

0

"00

0

10

0

1,0

0

$rodu%tion

-ours

;aila8le

(Skilled)

10 13!

0

1,

0

1,

0

13!

0

1,0 1,0 1!30 1!30 1,0 10 1,0

$rodu%tion

-ours

;aila8le

(#nskilled)

,00 ,00

0

"0

0

"0

0

,00

0

"00 "00 ,400 ,400 "00 ,00 !,00

%tual

$rodu%tion('

ini'u' o

skilled and

unskilled)

,,

"

00

00

40

00

40

00

00

00

400

0

400

0

!33

!33

400

0

,,

"

3"33

Bnding

@n;entory

3414

"

,31

4"

,,1

4"

03

4"

1!1

3"

A

1,0,

3

A

!,

3

A

","

9

A

,9

!

A

39

!

A

1!,"

4

90!,

Su8%ontra%te

d #nits

0 0 0 0 0 1,0,

3

!,

3

","

9

,9

!

39

!

1!,"

4

0

Su8%ontra%te

d Cost

0 0 0 0 0 91

.1!

1!

"4.!

13

",.1

141!

4,.

14

"0.

343

!.,9

0

/or'al Wage !994

94.0

!,

00

,"

440

,"

440

!,

00

,"4

40

,"4

40

,3"3

9,

,3"3

9,

,"4

40

!994

94

!9

1,

otal Cost !994

94.0

!,

00

,"

440

,"

440

!,

00

"19"

9.1

4"1

!4.!

4!0,

".1

4149

4.3

"9""

!0.

,3"

33."

!9

1,

?y %al%ulating or other to produ%ts nally e get

Dearly otal Cost (CloudChair) =4!",3.0,4

Dearly otal Cost (lstrong) =1499!3.,,

Dearly otal Cost (5reenCo'ort)=1!!1!,."

'ota# )ost Su/contractin* 6 427942!245

otal %ost in %ase o su8%ontra%ting is less. hereore in %hase strategy

su8%ontra%ting should 8e used or produ%tion.

:e,e# Strate*$

Cal%ulations o additional hour re&uired o8tained ro' o;erti'e analysis is used

to nd out additional la8our or hiring to keep le;el.

CloudCh

air

lStro

ng

5reenCo'

ortdditional $rodu%tion -ours !30, ,9"0 0,"

8/9/2019 FoldRite

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re&uired(Skilled)

dditional Workers Re&uired (Skilled) " , 3dditional $rodu%tion -oursre&uired(#nSkilled) 30! 1!"3 10","

dditional Workers Re&uired (#nSkilled) 9 13 4

'ota# Additiona# S(i##ed ;or(ers