SUBJECT: PRODUCTION MANAGEMENT

KINDLY DO NOT USE MS EXCEL FOR CALCULATION, HANDWRITTEN ANSWERS APPRECIATED

NO FURTHER INFORMATION AVAILABLE REGARDING QUESTION

Develop the aggregate plan for the given data using Trial and Error Method: Period Demand Maximum capacity [units] [Quarter.] [units] [units] Regular time Overtime Sub-contracting 1 1200 1800 400 300 2 2100 1800 500 300 3 3 3200 1800 600 300 4 2100 1800 400 300 Initial Inventory is nil and a final inventory of 200 units is required. Costs: Regular time production Overtime production Sub contracting Inventory carrying Rs.50/unit Rs.65/unit Rs.80/unit Rs.5/unit quarter