Question: Please make 3 charts on Excel and show equations and all steps the 3 charts should be chase production strategy, Level Make to Stock Production
Please make 3 charts on Excel and show equations and all steps
the 3 charts should be chase production strategy, Level Make to Stock Production Strategy and finally MTS Chase Production Strategy.
Meridian Water pumps - pgs. 4243 Read the case up to the "Assignment" section. Then, use the following information (and not the remaining information in the case) to complete the case analysis: Forecast for next 12 months: The plant shuts down for 2 weeks in August, and all of the direct workers take vacation during the closure. The regular-time rate for workers is $10 /hour, and overtime is paid at time and a half. The production manager said there were currently 50 units in inventgry. He also said that currently each worker produces an average of 25 pumps in any given month. There are currently 20 workers in the medium-size pump area. 1. Develop three unique (i.e., distinctly different) Sales \& Operations plans and include all relevant costs based on the information provided in the case. The decision regarding ending inventory is a managerial decision. You should determine the desired ending inventory, and justify your decision, for each plan. 2. Which plan would you choose or recommend? Are there pros and cons beyond cost which you considered in your decision? What were they, and why were you concernedStep by Step Solution
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