Question: Please solve completely using both tables Problem # 3 Aggregate and Disaggregate Planning TVTV is a television distribution company that has tasked you to calculate

Please solve completely using both tables

Please solve completely using both tables Problem # 3 Aggregate and Disaggregate

Problem # 3 Aggregate and Disaggregate Planning TVTV is a television distribution company that has tasked you to calculate the total cost to process the amount of orders forecasted using a hiring/firing of temporary work methodology. Assume hired cost of production is included in hiring costs. Below is a table representing a pre-determined forecast and facts of various costs. You are responsible for calculating the total cost to process the forecasted demand. Table 1: Facts 1. It-= 100 2. Pregular =1350 3. Production in regular time = 54/person 4. Production in overtime = 27/person 5. Production cost in regular time = $800/unit 6. Production cost in overtime = $1200/unit 7. Production by subcontractors = 50/ period 8. Production cost by subcontractors = $1000/unit 9. Regular time available resources = 25 10. Inventory cost/unit/period = $600 1 1. Stock out/unit/Period = $650 12. Hiring cost = $500/person 13. Layoff cost = $250/person Table 2: Forecast Period 21 22 23 24 25 26 27 Demand 1300 1620 1350 1122 1122 2100 1170

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 Economics Questions!