Develop aggregate plan given forecast for engine demand

Assignment Help Operation Management

Reference no: EM132224764

1. Manager T.C. Downs of Plum Engines, a producer of lawn mowers and leaf blowers, must develop an aggregate plan given the forecast for engine demand shown in the table. The department has a normal capacity of 130 engines per month. Normal output has a cost of $200 per engine. The beginning inventory is zero engines. Overtime has a cost of $300 per engine. Inventory carrying cost is $10 per engine per month. Backlog cost is $50 per engine per month. Month 1 2 3 4 5 6 Total Forecast 120 160 115 145 110 160 810 a. Develop a chase plan. b. Develop a level plan (Beginning inventory, Ending , Average,Backlog)

2. Manager Chris Channing of Fabric Mills, Inc., has developed the forecast shown in the table for bolts of cloth. The figures are in thousands of bolts. The department has a normal capacity of 270 thousand bolts per month. Normal output has a cost of $50 per thousand bolts. Workers can be assigned to other jobs if production is less than normal. The beginning inventory is zero bolts. Overtime is $85 per thousand bolts. Inventory costs $5 per thousand bolts per month and backlogs cost $10 per thousand bolts per month. Month 1 2 3 4 5 6 Total Forecast 315 260 245 330 285 245 1680 a. Develop a chase plan. b. Develop a level plan(Beginning inventory, Ending , Average,Backlog)

Reference no: EM132224764

Questions Cloud

Standards for company that makes microwave ovens : Completely and thoroughly explain how Work Sampling could be used to establish labor standards for a company that makes microwave ovens

What strategies should australian importers adopt to manage : What strategies should Australian importers adopt to manage the risk of a falling Australian dollar?

What is true about tariffs-shipping among countries : In CountryManager, what is true about tariffs/shipping among countries. You should always enter the country with the highest population first.

List and define four market segments : List and define four (4) market segments (target markets) into which you fit.

Develop aggregate plan given forecast for engine demand : Manager T.C. Downs of Plum Engines, producer of lawn mowers and leaf blowers, must develop an aggregate plan given forecast for engine demand shown in table

Research on employee stock ownership plans indicates : Research on employee stock ownership plans indicates that they ________.

Kids interested in environmental sciences-outdoor activities : Saint Leo Communications, has been retained to launch a new summer camp for kids interested in environmental sciences and outdoor activities.

Social media platforms and blogging : Why is it important to have several types of social media platforms and sites in your social media strategic plan?

How will you communicate this to senior management : How will you communicate this to senior management and what kind of feedback do you believe you will receive if you present your assessment.

User Account

All Pages