Question: Refer to Solved Problem 1 Prepare an aggregate plan that
Refer to Solved Problem 1. Prepare an aggregate plan that uses overtime ($ 9 per unit, maximum output 25 units per period) and inventory variation. Try to minimize backlogs. The ending inventory in period 9 should be zero, and the limit on backlogs is 60 units per period. Compute the total cost of your plan, and compare it to the total cost of the plan used in the solved problem. Assume 20 full-time workers.
Answer to relevant QuestionsRefer to Example 2. Determine if a plan to use subcontracting at a maximum rate of 50 units per period as needed with no overtime would achieve a lower total cost than the plan shown in Example 2. Again, plan for a zero ...Dundas Bike Components Inc. of Wheelville, Illinois, manufactures bicycle wheels in two different sizes for the Big Bike Co. assembly plant located across town. David Dundas, the firm’s owner-manager, has just received Big ...Contrast independent and dependent demand. What are some of the main advantages and limitations of MRP? a. Given the following diagram for a product, determine the quantity of each component required to assemble one unit of the finished product. b. Draw a tree diagram for a stapler given the following bill ofmaterials:
Post your question