Question: need help asap! Make it easy and simple please and thank you goats! Problem 11-5 (Algo) Manager T. C. Downs of Plum Engines, a producer

need help asap! Make it easy and simple pleaseneed help asap! Make it easy and simple please

need help asap! Make it easy and simple please and thank you goats!

Problem 11-5 (Algo) Manager T. C. Downs of Plum Engines, a producer of lawn mowers and leaf blowers, must develop an aggregate plan given the forecast for engine demand shown in the table. The department has a regular output capacity of 135 engines per month. Regular output has a cost of $62 per engine. The beginning inventory is zero engines. Overtime has a cost of $112 per engine. 1 130 2 135 3 130 Month 4 5 143 130 6 135 7 135 8 134 Total 1,072 Forecast a. Develop a chase plan that matches the forecast and compute the total cost of your plan. Regular production can be less than regular capacity. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "O" wherever required.) Period 1 2 3 4 5 6 7 8 Total Forecast 130 135 130 143 130 135 135 134 1,072 Output Regular Overtime Output - Forecast Costs Output Regular Overtime Total b. Compare the costs to a level plan that uses inventory to absorb fluctuations. Inventory carrying cost is $3 per engine per month. Backlog cost is $135 per engine per month. There should not be a backlog in the last month. Set regular production equal to the monthly average of total forecasted demand. Assume that using overtime is not an option. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "O" wherever required. Round average inventory row, Inventory cost row, and Total row values to 1 decimal.) Period 1 2 3 4 5 6 7 8 Total Forecast 130 135 130 143 130 135 135 134 1,072 Output Regular Output - Forecast Inventory Beginning Ending Average Backlog Costs Output Regular Inventory Backorder Total Problem 11-5 (Algo) Manager T. C. Downs of Plum Engines, a producer of lawn mowers and leaf blowers, must develop an aggregate plan given the forecast for engine demand shown in the table. The department has a regular output capacity of 135 engines per month. Regular output has a cost of $62 per engine. The beginning inventory is zero engines. Overtime has a cost of $112 per engine. 1 130 2 135 3 130 Month 4 5 143 130 6 135 7 135 8 134 Total 1,072 Forecast a. Develop a chase plan that matches the forecast and compute the total cost of your plan. Regular production can be less than regular capacity. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "O" wherever required.) Period 1 2 3 4 5 6 7 8 Total Forecast 130 135 130 143 130 135 135 134 1,072 Output Regular Overtime Output - Forecast Costs Output Regular Overtime Total b. Compare the costs to a level plan that uses inventory to absorb fluctuations. Inventory carrying cost is $3 per engine per month. Backlog cost is $135 per engine per month. There should not be a backlog in the last month. Set regular production equal to the monthly average of total forecasted demand. Assume that using overtime is not an option. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "O" wherever required. Round average inventory row, Inventory cost row, and Total row values to 1 decimal.) Period 1 2 3 4 5 6 7 8 Total Forecast 130 135 130 143 130 135 135 134 1,072 Output Regular Output - Forecast Inventory Beginning Ending Average Backlog Costs Output Regular Inventory Backorder Total

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!