Question: H=2, T=2 MGMT 484 Operations Management Assignment 8 (Aggregate Planning) You can submit your work either as a Word file, or an Excel file, or

H=2, T=2

MGMT 484 Operations Management Assignment 8 (Aggregate Planning) You can submit your work either as a Word file, or an Excel file, or solve it on paper, take a picture, and upload Canvas Don't forget to explain your work! A factory manager is preparing his aggregate plan for the next three months. The demand is given in the table below: Expected Demand 145 Month Month 1 Month 2 Month 3 Available Days 25 25 Production 10 10 10 242 363 25 He decided to adopt a level strategy, and planned to manufacture a constant number of 10 products everyday The cost information is given in the table below: Inventory carrying cost H dollars per unit per month Average pay rate $12 per hour ($96 per day) Labor-hours to produce a unit Thours per unit Calculate the total cost of this plan, ass given in the table below. Show your work. Calculation Inventory carrying Cost (Hint: Calculate the total amount of Inventory first!) Regular-time labor (Hint: if it takes Thours to make one product, how many workers do we need to make 25 products a day?) Hand T values are in the table below: Assume the company starts January with zero inventory at hand

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