Question: Suppose your firm is using a level production planning approach
Suppose your firm is using a level production planning approach to manage a seasonal demand. Your production manager is evaluated on lowest production cost but the logistics manager is evaluated on the amount of inventory the firm holds. Explain the issues.
Answer to relevant QuestionsExplain why the following is not necessarily a true statement: “If a company is chasing demand, then it is overinvesting in balance-sheet assets since inventories will be high.” The current aggregate demand requirements for a firm are shown below for the next six months The firm always plans to meet all demand. The firm currently has 120 workers capable of producing 120 units in a month (1 ...Dale’s Dance Studio currently has three full time instructors who are each paid $2,500 per month. A dance instructor can only work a maximum of 100 hours per month since instruction normally takes place at night. They do ...As an organization increases its level of outsourcing, what will be the impact on its bill of materials? Why? Based on the BOM in problem 4, what is the cumulative lead time for end item A?
Post your question