Question: Based on the three plans reviewed for OSPREY, which plan do you recommend? Justify your answer with figures and point about the respective risks/rewards. A/

Based on the three plans reviewed for OSPREY,Based on the three plans reviewed for OSPREY,Based on the three plans reviewed for OSPREY,Based on the three plans reviewed for OSPREY,

Based on the three plans reviewed for OSPREY, which plan do you recommend? Justify your answer with figures and point about the respective risks/rewards. A/ Osprey Fabrication has the following aggregate demand requirements and other data for the upcoming four quarters. Quarter Demand Previous quarter's output 1300 units 1 1400 Beginning inventory O units 2 1200 Stockout cost $50 per unit $10 per unit at end of quarter 3 1600 4 1500 Inventory holding cost Hiring workers Firing workers $40 per unit $80 per unit Subcontracting cost $60 per unit 300 units capacity max Unit cost $30 per unit Overtime Capacity 400 units max. Overtime cost $15 extra per unit Examine three solutions, Plan A, Plan B and Plan C to determine the best course of action. Complete the aggregate panning charts and populate you answers in the spaces provided. (Numbers should be written with out comma separators, do not include decimals or "$" symbols. Any negative value should be shown with a "-" symbol. No input should be left blank, enter O if value is zero) Plan A - chase demand by hiring and firing Period 1 Regular Production..... Units Increase... AJ Units Decrease...... AJ Period 2 Regular Production............... AJ Units Increase... AJ Units Decrease. AJ Period 3 Regular Production..... A/ Units Increase... AJ Units Decrease... AJ Period 4 Regular Production...... A/ Units Increase....... A/ Regular Production......... A/ Units Increase.... AJ Units Decrease..... AJ Total (units) Regular Production Total Units.... AJ Units Increase Total Units AJ Il Units Decrease Total Units Subtotal Costs Regular Production Total Cost AJ Units Increase Total Cost A/ Units Decrease Total Cost A The total cost of this solution is A/

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