Developed aggregate forecast for demand

Assignment Help Operation Management
Reference no: EM132152542

A planner has developed an aggregate forecast for demand (in cases) for the next six months.

Month May     Jun       Jul        Aug     Sep      Oct

Forecast           4,000   4,800   5,600   7,200   6,400   5000

Use the following information to develop an aggregate plan.

Regular production cost $10 per case

Regular production capacity 5,000 cases

Overtime production cost $16 per case

Subcontracting cost $20 per case

Holding cost $1 per case per month

Beginning inventory   0

Reference no: EM132152542

Questions Cloud

Since most modern cars share similar characteristics : Since most modern cars share similar characteristics, what do BMW customers really buy?
What are the benefits of sole proprietorship : What are the benefits of a sole proprietorship? What is the recommended format for an investor presentation?
Apparent authority ends : Apparent authority will continue even after termination of the agency unless. Apparent authority ends?
Terminating employee under the employment-at-will doctrine : Terminating an employee under the employment-at-will doctrine. An employment-at-will relationship.
Developed aggregate forecast for demand : A planner has developed an aggregate forecast for demand (in cases) for the next six months.
Discuss CRM strategy for doing business in virtual world : Discuss a CRM strategy for doing business in a virtual world. How would you create a CRM strategy?
Hypothetical discussion sheet between two individuals : Hypothetical discussion sheet between two individuals or a team of employees for each of the following:
Concepts and strategies of five practices of leadership : Now modify this statement utilizing the concepts and strategies of the five practices of leadership.
Discuss the differences and similarities of ERP and BPMS : Discuss the differences and similarities of ERP and BPMS. What are the ways in which ERP and BPM can be the advantageous combination to businesses?

Reviews

Write a Review

Operation Management Questions & Answers

  Two possible prison systems

Suppose that we have two possible prison systems, and you as judge may sentence this convicted bank robber to either:

  Community health information network

In the future, with advanced Electronic Medical Record (EMR) and Community Health Information Network (CHIN),

  Why is identity management a critical issue

Why is Identity Management (IDM) a critical issue right now for organizations? Find an organization that uses IDM or is in the process of implementing and describe some of the benefits and costs that are being provided to the organization. How would ..

  Describe the concept of cash in advance

Why is it more difficult and riskier to collect receivables from a foreign purchaser? Describe the concept of cash in advance. Describe the mechanism of a letter of credit, from the exchange of the pro forma invoice to final payment.

  Write two brief messages for the chosen prompt

Write two brief messages for chosen prompt. First write your message using the direct approach. Then revise your message to demonstrate the indirect approach

  What is an efe matrix

What is an EFE matrix? What effect do you think culture has on the development of a strategic plan?

  How are these countries different according to hofstede

Compare facts about each of the three countries. How are these countries different according to Hofstede?

  Costs throughout your organization for the upcoming year

Suppose you are a member of a group asked to find ways to cut costs throughout your organization for the upcoming year.

  What quality systems and procedures and systems

What quality systems and procedures and systems should Toyota have followed to ensure that faulty automobiles are not delivered to the customers

  What are the four marketing management functions

What are the four marketing management functions? What are the 4 Ps of the marketing mix?

  Develop a regression equation for predicting level of demand

Dave Fletcher, the general manager of North Carolina Engineering Corporation (NCEC), Using this data, develop a regression equation for predicting the level of demand of NCEC's services

  How the company responded to the factors from total rewards

The internal and external strengths and weaknesses identified and how the company responded to these factors from a total rewards perspective.

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