Question: When developing the level production plan a. Draw the demand on a chart (similar to the one shown in book & note the volumes (#s)
When developing the level production plan a. Draw the demand on a chart (similar to the one shown in book & note the volumes (#s) and level production plan (#s). b. Your response should be 100 words for Question #1. When developing the chase production plan. a. Draw the demand on a chart (similar to the one shown in book & note the volumes (#s) and level production plan (#s). b. Your response should be 100 words for Question #2. When developing the hybid production plan. a. Draw the demand on a chart (similar to the one shown in book & note the volumes (#s) and level production plan (#s). b. Your response should be 100 words for Question #3. What would you recommend and why? What are some of the pros and cons of the solution you recommended?
Assume you have been given the job to develop an effective approach to the problem. First, here is the forecast developed by marketing: The production manager said there were currently 50 units in inventory, and they would like to end the six months with only 25 in inventory. 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. Using the data, develop a level production plan. How much extra cost (inventory and HR costs) are involved in this plan? What additional costs (both financial and nonfinancial) might be involved with such a plan? 2. Using the data, develop a chase production plan. How much extra cost (inventory and HR costs) are involved in this plan? What additional costs (both financial and nonfinancial) might be involved with such a plan? 3. Try to develop a possible hybrid plan that would accomplish the task with smaller total costs than either level or chase. 4. Based on your work, what would you recommend and why? What are some of the pros and cons of the solution you recommend
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