Question: Please complete all work in excel. Use excel to make the calculations A manager has prepared a forecast of expected aggregate demand. Develop an aggregate
Please complete all work in excel. Use excel to make the calculations
A manager has prepared a forecast of expected aggregate demand. Develop an aggregate plan that assumes: A level production rate, back orders are allowed and are charged at the rate of $12 per unit per month, inventory holding costs are $3 per unit per month in average inventory, regular time cost is $9 per unit and beginning inventory is zero. Show the aggregate plan and determine the cost of this plan.
Month Forecast
- 280
- 280
- 270
- 340
- 330
- 300
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