Question: Multi-Part Problem: Resource Planning-AggPlan Given next 6 months aggregated demand forecast and other related information in the following tables. Month Project Demand (unit) Regular Overtime

Multi-Part Problem: Resource Planning-AggPlan Given next 6 months aggregated demand forecast and other related information in the following tables.

Month

Project Demand (unit)

Regular

Overtime

Subcontract

Jan

200

Operation Cost (unit)

$100

$130

$150

Feb

200

Capcity/month (unit)

200

60

120

Mar

300

Capcity/6 month (unit)

1200

360

720

Apr

400

2280

May

500

Jun

200

Other costs (unit)

Total

1800

Inventory/month

$10

Backorder/month

$30

Inventory (unit)

Given Beginning

50

End of Month 6 (Required)

100

  1. Assume that you are required to use all the Regular Production Capacity, develop a Feasible Aggregate Plan, that is, an aggregate plan that meets the inventory requirements.
  2. Given the aggregate plan you developed in part a), Can you conclude whether or not this plan is optimal? If it is not, revise your plan to improve it. Explain why do you think the revised is better than your original one.

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