Use to produce the forecasted demand

Assignment Help Operation Management
Reference no: EM131124822

You are the operations manager for an OEM manufacturing plant that produces YBOX game consoles. Based on the sales record from 2014, the marketing manager forecasts the demand for Jan- June of 2015 as the following: JAN. FEB. MAR. APR. MAY JUNE 2,500 3,000 4,000 3,500 3,500 3,000 Relevant information includes: Production Time 1 hour per unit Average labor cost $10 per hour Workweek 5 days, 8 hours per day Days per month 20 work days per month Beginning inventory 500 units Safety stock One-half month Shortage cost $20 per unit per month Carrying cost $5 per unit per month As the operations manager, you prefer to keep a constant workforce and production level, absorbing variations in demand through inventory excesses and shortages. Demand not met is carried over to the following month. You currently have 21 workers.

Questions:

a. Which aggregate plan will you use to produce the forecasted demand for YBOX game consoles?

b. What is the total cost for the chosen plan?

Reference no: EM131124822

Synchronizing the world of commerce

The future competitiveness of the United States in the global economy will depend upon innovation. The Module 5 lecture also mentioned logistics and briefly discussed UPS as a

In response to variety of expected environmental changes

In response to a variety of expected environmental changes in your industry, your business has decided to change its organizational structure to be more consistent with a new

Compare the approach of two quality thought leaders

Compare the approach of two quality thought leaders. What portions of their respective approaches are applicable in the 21st century? What portions of their respective approac

What is the maximum revenue

A revenue function is given by R= 35x-2x2 where R is the revenue and x is the quantity. What value of x maximizes revenue? What is the Maximum Revenue and Find elasticity of

Compute the total sales variance and the sale price variance

Compute the total sales variance, the sales price variance, and the sales volume variance. Given the analysis, consider the potential impact on HR planning for employee headc

Freedom of speech and freedom of religion

A business owner asks you to explain how the First Amendment to the US Constitution can affect their business. Please provide your explanation considering both the “freedom of

Determine the revenue retrieval for the gf deluxe

Green Forever, a manufacturer of lawn equipment, has preliminary drawings for two grass trimmer designs. Specifically, she is to use the following data to help the company det

Highway-price and inventory turns of item are independent

(Highway) While driving home for the holidays, you can’t seem to get Little’s Law out of your mind. You note that your average speed of travel is about 60 miles per hour. What

Reviews

Write a Review

 
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