Question: You would like to construct an aggregate production plan for product PX242 for the next four quarters. Cost of regular production = 60 $/u Cost

You would like to construct an aggregate
You would like to construct an aggregate
You would like to construct an aggregate
You would like to construct an aggregate
You would like to construct an aggregate
You would like to construct an aggregate production plan for product PX242 for the next four quarters. Cost of regular production = 60 $/u Cost of overtime production = 90 $/u Inventory holding cost = 5 $/u/qtr Cost of increasing production = 70 $/u Cost of decreasing production = 85 $/u Subcontracting cost = 115 $/u Stockout cost = 130 $/u Previous quarter's regular output = 1400 u Beginning inventory level = 80 u The forecasted demand for the next four quarters are: 1600, 1450, 1700, and 1850 units. You want to use the chase production strategy without overtime production and subcontract. Furthermore, you will keep inventory as low as possible. Stockouts are not allowed. You must perform the calculation and answer the questions shown below. NOTE: Do not use any comma in your answers. units in quarter 1. The regular production is increased by is The regular production is decreased by is units in quarter 1. The regular production is increased by is units in quarter 2 The regular production is decreased by is units in quarter 2 The regular production is increased by is units in quarter 3 The regular production is decreased by is units in quarter 3 The regular production is increased by is units in quarter 4. The regular production is decreased by is units in quarter 4. Total cost of decreasing regular production is dollars You would like to construct an aggregate production plan for product LS248 for the next four quarters. Cost of regular production = 70 $/u Cost of overtime production = 95 $/u Inventory holding cost = 7 $/u/qtr Cost of increasing production = 80 $/u Cost of decreasing production = 95 $/u Subcontracting cost = 110 $/u Stockout cost = 130 $/ Previous quarter's regular production = 2500 u Beginning inventory level = 200 u The forecasted demand for the next four quarters are: 2600, 2300, 2700, and 2450 units. Suppose that you want to set the quarterly regular production constant at 2400 units and to use overtime if necessary. You do not want to use any subcontract. Furthermore, you will keep inventory as low as possible. Stockouts are not allowed. You must perform the calculation and answer the questions shown below. NOTE: Do not use any comma in your answers. The beginning inventory in quarter 2 is units. The beginning inventory in quarter 3 is units. The overtime production in quarter 2 is units. The overtime production in quarter 3 is units The overtime production in quarter 4 is units. Total cost of increasing regular production is $ Total cost of decreasing regular production is $ Total cost of holding inventory is $ Total cost of overtime production is units. The monthly demand (in units) for a product from November 2018 until May 2019 are: 674, 718, 772, 807, 784, 866, and 937. Use the linear trend projection method to predict the demand in April 2019 and July 2019. NOTE: Use at least 4 decimal places in calculation and answer. The slope of the estimated linear trend equation is The forecasted demand for April 2019 is units. The forecasted demand for July 2019 is units. You are developing an aggregate plan for a product. At the moment, you are performing calculation for quarter 2 using the chase strategy without overtime. The quarterly demand must always be satisfied. The forecasted demand is 5336 units. The beginning inventory is 566 units. What is the regular production should be if the ending inventory in quarter 2 must be at least 339 units? The regular production in quarter 2 is units. You are developing an aggregate plan for a product. At the moment, you are performing calculation for quarter 2 using the level strategy with overtime. The quarterly demand must always be satisfied. The forecasted demand is 8214 units. The beginning inventory is 571 units. The regular production is 5731 units. What is the over time production should be if the ending inventory in quarter 2 must be at least 388 Units? The overtime production in quarter 2 is units

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