Explain develop an aggregate production plan, Operation Management

Assignment Help:

ABC Company, a manufacturer of roofing supplies, has developed monthly forecasts for roofing tiles. The forecasted demand and the expected production days for months March to August in 2013 are given below: Month Forecasted demand (units) Production days March 2400 23 April 4500 20 May 2600 22 June 7000 20 July 2000 23 August 3000 22 ABC works 8 regular hours in each working day and past experience shows that one worker takes 1 hour to produce one tile. The company has estimated that there would be 5 production workers working in February 2013 and 250 tiles in inventory at the end of February 2013. Labor Union restricts ABC that overtime hours cannot exceed 20% of straight time (regular) hours in each month. ABC wants to keep at least 200 tiles in inventory at the end of August 2013. ABC has the following cost information: Inventory holding cost = $3/unit/month Backorder cost = $10/unit Subcontracting cost = $30/unit Straight time labour cost = $12/hour Overtime cost = $24/hour Hiring cost = $800 Firing cost = $1600 If ABC allows backorders but does not want to use subcontracting or overtime: a. Find the minimum constant workforce required to meet the above requirement (level production strategy). b. Develop an aggregate production plan with the minimum constant workforce obtained in part (a) (level production strategy). c. Estimate the total cost of the plan in (b). If ABC wants to maintain zero inventory at the end of each month except for August, and does not want to use subcontracting or overtime, d. Develop an aggregate production plan with zero inventory policy (chase strategy with flexible working hours). e. Estimate the total cost of the plan in


Related Discussions:- Explain develop an aggregate production plan

Compute the minimum replenishment time to build model, Calculate the minimu...

Calculate the minimum replenishment time to build 2500 Model A fountains given the following beginning inventories?

Which strategy is assisting in an organisation, Which strategy is assisting...

Which strategy is assisting in an organisation? Organisational flexibility will assist the organisation accomplish short lead times needed while meeting customer demands, assis

Identify the business level strategy of walmart corporation, Looking at Wal...

Looking at Walmart Corporation, identify it's Business Level Strategy. Short paper format about 100-300 words or as needed.

Find which among the following statements are correct, If random variable X...

If random variable X follows the Normal distribution. X~Normal(10,10). Which among the following statements are correct? Answer a. P(X b. P(X=10)=0 c. P(X>8)=1-P(X

Explain what behaviours destroy trust, Earlier in the class, we noted that ...

Earlier in the class, we noted that communication is the glue holding organizations together. We might say that trust is the "oil" of the organization. With it, processes can opera

Create a perceptual map for a particular product, Which of the following da...

Which of the following data are collected from consumers to develop a perceptual map for a particular product? A listing of all prospective brands and products Managerial jud

Explain the two types of linear programming discussed, Linear Programming C...

Linear Programming Concept paper. Submit a Linear Programming Concept Paper about the following 1. The two types of linear programming discussed. 2. Five examples of LP appli

Explain line and staff organisation, Explain Line and Staff Organisation. ...

Explain Line and Staff Organisation. Line and Staff Organisation: When the industry grew in size and complicated, the line executives could not perform appropriately all othe

Compute annual holding cost plus the annual ordering cost, The current orde...

The current order quantity for Paul's Pasta Pinwheels is 200 boxes. The order cost is $4 per order, the holding cost is $0.40 per box per year, and the annual demand is 500 boxes p

Explain what problems does diversity present, Individual diversity is an im...

Individual diversity is an important concept in organizational behaviour. People can be described by a number of categories that are both inherent (e.g., age, race, gender, ethnici

Write Your Message!

Captcha
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