Aggregate planning for a bottling company

Assignment Help Marketing Management
Reference no: EM13307706

Case 1: Aggregate Planning for a Bottling Company A bottling company has decided to introduce a new line of premium bottled water that will include several flavours. The marketing management team predicts an upturn in demand based on the new offerings and the increased public awareness of drinking more water. They have prepared the following aggregate forecasts (tankloads of several flavours) for the next planning horizon of six month.MonthMayJunJulAugSeptOctForecast (tankload)506070908070The production management team has prepared the following information. The production line has the capacity to produce 60 tankloads per month in regular time at the cost of $1,000 per tankload. Overtime production and subcontracting to the available suppliers cost $1,600 and $1,800 per tankload, respectively. It costs $200 to hold one tankload for one month. Demand can also be backordered at the cost of $5,000 per month per tankload. The company has no beginning inventory and wishes to end up the planning horizon with no inventory on hand.Among the production strategies being considered are the followings:? Level production supplemented by up to 10 tankloads a month from overtime.? A combination of overtime, inventory holding, and subcontracting.? Using overtime for up to 15 tankloads along with inventory holding to handle variations.Questions include:1. Which production strategy should the production managers choose based on a total cost minimisation objective?2. What information about this aggregate plan should be shared with various supply chain partners and why? (no more than 500 words for question 2)

Reference no: EM13307706

Questions Cloud

Rank algorithms in terms of how efficiently they use memory : Rank the algorithms in terms of how efficiently they use memory.
Derive an expression for the mole fraction of h3po4 : 150,000 mol of aqueous phosphoric acid (H3PO4) solution contains 5.00% H3PO4 by moles. The solution is concentrated by adding pure H3PO4 at a rate of 20.0 L/min.
Sketch the phasor diagram for this circuit : An RLC circuit is set up with a 350 mH inductor, a 6.8 mF capacitor and a 550 W resistor. Sketch the phasor diagram for this circuit
How many entries are there in each of the following : The BTV operating system has a 21-bit virtual address, yet on certain embedded devices, it has only a 16-bit physical address. It also has a 2-KB page size. How many entries are there in each of the following?
Aggregate planning for a bottling company : Aggregate Planning for a Bottling Company
Mixed integer linear programming model : Examine and present the problem (in word file), formulate it as a spreadsheet (Excel Solver, Mixed Integer Linear programming model MILP calculations for the case question) and determine a solution.
Draw a state diagram for the state machine : Draw a state diagram for the state machine that checks if a binary number has an even or odd number of 0s.
What mass would you need to attatch to the spring : A spring with an elastic constant of 26 N/m, and want it to oscillate once every 0.75 seconds. What mass would you need to attatch to the spring
Write a program that uses an array of structs : Write a program that uses an array of structs. The structs will have the following data attributes: integer i_value float f_value Allow the user to enter 10 different integers and 5 different float numbers.

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd