Question: Stan cannot subcontract work or let orders go unfilled or pay overtime. He knows each worker can produce 25 units per quarter and workers must
Stan cannot subcontract work or let orders go unfilled or pay overtime. He knows each worker can produce 25 units per quarter and workers must make whole units. He has 10 workers on staff right now and when hiring he cannot hire partial/fractional workers. Help Stan develop an Aggregate Production Plan that minimizes overall costs yet meets capacity requirements. He will retain his work force at the end of the quarter. Use the following Excel template APP1.XLSX to assist in solving the following: a. First try a level strategy. What are the advantages/disadvantages with this strategy? b. Second try a chase strategy. What are the advantages/disadvantages with this strategy? c. Third, try a mixed strategy. What are the advantages/disadvantages of this strategy
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