8/9/2019 FoldRite
1/5
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
5/5
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