Question: For the following monthly demand forecast develop an aggregate plan when a ) 5 5 units per day is produced and unmet demand is backordered.
For the following monthly demand forecast develop an aggregate plan when
a units per day is produced and unmet demand is backordered.
b units per day is produced and overtime is used when needed.
tabletableMonthtableDemandtableProductionDays
tableitemcostInventory carrying cost,$ per unit per monthSubcontracting cost per unit,$ per unitAverage pay rate, per day
tableOvertime pay rate,table$abovehrsdayLabourhours to produce a unit, hours per unittableCost of increasing daily production rate hiring andtraining$ per unitCost of decreasing daily production rate layoffs$ per unitBackorder$ per unit
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
