Question: 7. The Aggregate Planning Problem. Emily's Cookie Company makes a variety of chocolate chip cookies in their plant in Chicago. Based on orders received and

7. The Aggregate Planning Problem. Emily's Cookie
7. The Aggregate Planning Problem. Emily's Cookie Company makes a variety of chocolate chip cookies in their plant in Chicago. Based on orders received and forecasts of buying habits, it is estimated that the demand for the next 4 months is 850, 1,260, 510, and 980, expressed in thousands of cookies. Each worker can produce 308 cookies per day. Assume that the number of workdays in each of the next months is 20 days. There are currently 100 workers employed, and there is no starting inventory of cookies. Workers are paid $5,500 per month. The cost of hiring one worker is $150; the cost of firing one worker is $200; the cost of holding one cookie in inventory for 1 month is 8 cents. Backlogs (stock- outs) are permitted only in months 1-3, at a cost of 20 cents per cookie per month, and backorders must be filled the following month; no backlogs are permitted at the end of month 4. Emily can subcontract up to 20,000 cookies per month at a cost of $300 per thousand cookies. At the end of month 4, there must be at least 10,000 cookies in inventory. Using Microsoft Excel, solve: (a) as a LP problem, (b) as a mixed integer programming problem, where all variables representing the workforce size per period (W), the number of employees hired at the beginning of each period (H), and the number of employees laid off at the beginning of each period (Lt) must be integers

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