Question: The Smith s Workshop produces hand - made clocks. It produces two types of clocks: Type A and Type B . The total demand of
The Smiths Workshop produces handmade clocks. It produces two types of clocks: Type A and Type B The total demand of Type A and Type B clock for next months is given in the following table. The company current has workers and each worker produces clocks per month The operations manager is preparing an aggregate production plan for next months. The opening inventory is clocks. Cost DataRegulartime labour cost $ per clock Holding cost $ per clock per monthOvertime labour cost $ per clock Hiring cost $ per workerSubcontracting cost$ per clock Firing cost $ per worker Backorder cost $ per clock Production: Max. overtime output clocks per month Develop a level aggregate planning using clocks as a constant production rate. What is the total cost of this plan? Develop a chase aggregate planning using onhand inventory as early as possible. What is the total cost of this plan? No overtime and subcontracting usedWeekDemand
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