Question: Based on the aggregate planning problem we solved in class ( see tutorial below ) Create an plan for this problem that is a lower

Based on the aggregate planning problem we solved in class ( see tutorial below) Create an plan for this problem that is a lower total cost than $12,000. A copy of this solution we got in class with a total cost of $12,100 can be found in the file-folder in a document titled "bicycle aggregate plan" as well as attached to this assignment. Limitations include:
Whatever you choose as your Regular production must remain the same for the entire planning horizon.
Costs associate with the options are listed at the bottom of the file.
You start with 0 inventory, however, can have a balance of inventory at the end of the 12 month planning horizon.
Overtime can NOT exceed 20% of your Regular production time for any given period.
Backlog can NOT exceed 50 units in any period.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!