Planner has developed an aggregate forecast for demand

Assignment Help Operation Management
Reference no: EM131143517

Parts Inc., produces cooking oil. a planner has developed an aggregate forecast for demand (in cases) for the next four months months march 1200 april 9800 may 5200 june 18000.

regular production cost: $14.75 / case

regular production capactity: 12500 cases

overtime production cost: $32.50 / case

subcontracting cost: $80/case

holding cost: $5 / case/ month

Beginning inventory: 1,000 cases

Develop an aggregate plan using a level production to compute the total cost for the plan. supplement using overtime as needed. note: backlogs are not allowed.

Reference no: EM131143517

Questions Cloud

Developing an optimal capital structure : Calculating and understanding a firm's optimal or sustainable growth rate is critical to the goal of maximizing shareholders' wealth and developing an optimal capital structure.
Compute and tabulate the notes for an equal-tangent vertical : Compute and tabulate the notes for an equal-tangent vertical curve, at half stations, that passes through the midpoint of the 0.90% grade.
What do you conclude about the economic feasibility : What parts and processes of your business would you duplicate offsite in order to recover swiftly after a disaster? What do you conclude about the economic feasibility of a fully implemented disaster recovery plan for your business?
What is the most you can lose under this short sale call : What is the most you can lose under this short sale-call option plan? If you have an unprotected short sale position (no call option), what is the most you could lose?
Planner has developed an aggregate forecast for demand : Parts Inc., produces cooking oil. a planner has developed an aggregate forecast for demand (in cases) for the next four months months march 1200 april 9800 may 5200 june 18000. Develop an aggregate plan using a level production to compute the total c..
What are the advantages and disadvantages of social media : What are the advantages and disadvantages of easily obtainable information? What are the advantages and disadvantages of social media? How might knowing these advantages and disadvantages alter how a person might use social media?
Which action best supports labor-management cooperation : Which action best supports labor-management cooperation? A scientist is hired to perform research at a pharmaceutical company. Which of the following is the MOST critical to include in the employment contract?
Arbitrage and financial decision making : Honda Motor Company is considering offering a $2000 rebate on its minivan, lowering the vehicle's price from $30,000 to $28,000. The marketing group estimates that this rebate will increase sales over the next year from 40,000 to 55,000 vehicles. Sup..
What is alpines free cash flow for year 1 : If the tax rate is 40%, what is Alpine's Free Cash Flow for year 1?

Reviews

Write a Review

Operation Management Questions & Answers

  The chi-square tests

Chi-square tests are great to show if distributions differ or if two variables interact in producing outcomes. What are some examples of variables that you might want to check using the chi-square tests? What would these results tell you?

  Historically demand for roses has never been less than 20

every morning a florist must decide how many dozens of roses to stock. roses have a shelf life f only one day but at

  What is the optimal policy and cost of such a strategy

Suppose that the store wants to consider a stockout strategy. They estimate the cost of back ordering to be $3 per unit per year. What is the optimal policy and cost of such a strategy? Show all work and draw a diagram of this policy.

  What is this products availability

Waygate's residential internet modem works well but is sensitive to power-line fluctuations. On average, this product hangs up and needs resetting every 200 hours. On average about 45 minutes is needed to reset this product. What is this product's..

  What is emphasized is the idea of a calculated risk

In the textbook reading for this module, the authors go into detail about the need for leaders to take risks in order for organizational change to occur. However, what is emphasized is the idea of a calculated risk

  How much total idle time is present each day

Assign tasks to work stations using the longest task time heuristics (longest operating time rule). 5. How much total idle time is present each day? 6. What is the overall efficiency of the assembly line?

  Prepare an aggregate plan for the coming year

Prepare an aggregate plan for the coming year, assuming that the sales forecast is perfect. The plant will run 8, 10, 9, 11 lines in the coming four quarters.

  Make adjustments in real-time to way work is being done

Because of the fast-paced nature of your team’s project, it has been necessary to make adjustments in “real-time” to the way work is being done. Which of the following actions is least likely to help your team make these kinds of adjustments? Encoura..

  Pioneer trial ultramarathon with an advertised

ABC Inc. sponsors the "Pioneer Trial Ultramarathon," with an advertised first price of $10,000. The rules require the competitors to run 100 miles from the floor of Blackwater Canyon to the top of the Pinnacle Mountain. The rules also provide that AB..

  Identify the components of marketing and pricing

Describe the ultimate goal of the product campaign for the new shampoo. Discuss your methods for achieving this goal. Identify the components of marketing, pricing, and distribution for the campaign. Include in your response a discussion and analysis..

  Describe todays organizational design challenges

Describe today's organizational design challenges. How can an organizational design be used to meet the challenges? Identify and describe the controls that can be used before, during, and after an activity. Recall a recent group project or task in wh..

  Why companies tend to focus on short-term performance

Which of the following reasons help explain why companies tend to focus on short-term performance?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd