A local machine shop employs 60 workers who have a variety of skills. The shopaccepts one-time orders and also maintains a number of regular clients. Discuss someof the difficulties with using the aggregate planning methodology in this context.
Q: Why are graphical aggregate planning methods useful?
A: Manufacturing refers to the production of products for either use or for sale, by using labor and…
Q: Discuss how aggregate planning differs when a company doesn't provide a tangible product?
A: Aggregate planning is a technique for projecting future demand volume and timing (3-18 months). It…
Q: A large manufacturer of household consumer goods is considering integrating an aggregate planning…
A: Based on the above-given case, the vice-president of the organization can make the following…
Q: Using the cut-and-try method for aggregate operations planning, as described in the textbook, we can…
A: Ending inventory = Production Requirement + Beginning Inventory - Demand forecast = 1350+300-1500 =…
Q: Explain why aggregate planning is different when a business does not produce a tangible good
A: Aggregate planning is a technique for forecasting the volume and timing of future demand (3-18…
Q: Planners for a company that makes several models of skateboards are about to prepare the aggregate…
A: Assuming a 300 units per period, level output rate with regular time.
Q: Identify the variables decision makers have to work with in aggregate planning.
A: The aggregate plan is the output of sales and operations planning. The major concern of aggregate…
Q: This company has the following aggregate demand requirements and other data for the upcoming four…
A: Find the Chase Plan below: The required total cost is $ 147800
Q: Plan production for a four-month period: February through May. For February and March, you should…
A: Given that: Feb Mar Apr May Forecast 81600 64000 100080 40080
Q: What considerations are essential in determining the planning horizon period for aggregate planning?
A: What is Aggregate Planning Aggregate planning is a sort of scope quantification that takes a gander…
Q: Which of the four costs relevant to aggregate production planning is the most difficult to…
A: Aggregate production planning involves making plans for the current production levels to meet the…
Q: What are the major difference between aggregate planning in manufacturing and aggregate planning in…
A: Aggregate Planning by definition is concerned with determining the quantity and scheduling of…
Q: . Jack is concerned about his company’s corporate image and has decided against using hires and…
A:
Q: Discuss why it is important for hard rock cafe to accurately forecast demand and information…
A: Hard Rock Cafe is a restaurant chain which is founded in the year 1971 in London and has venues in…
Q: Snip
A: The process in which an organization develops analyzes, and maintains a basic schedule of the…
Q: Describe the output of aggregate planning. When is aggregate planning most useful?
A: Aggregate planning is a type of planning system in the process of production in a marketing activity…
Q: MBPF Inc. manufactures prefabricated garages. The manufacturing facility purchases sheet metal that…
A: Note: - Since we can answer only up to three subparts we will answer only the first three subparts…
Q: Develop a S&OP plan by month for fiscal year 2015. Consider the use of several different…
A: S&OP (Sales and operations planning )is a business management process with the help of which the…
Q: In each of the following, name the term defined or answer the question. Answers are listed at the…
A: 1) “Sales and operations planning (S & OP)” is the term used to indicate a process where a firm…
Q: What are major limitations of using the tra nspo rtation method for aggregate planning?
A: A small introduction of Aggregate Planning Aggregate planning is a logical apparatus that…
Q: In aggregate planning ,the option that tries to smooth the demand pattern, but do not impact supply…
A: Aggregate planning is a methodology involved for analyzing, developing and maintaining the…
Q: Describe the different demand-based options used in aggregate planning and their implications for a…
A: Aggregate Planning - Aggregate planning is the process of developing, analyzing, and maintaining a…
Q: Given the projected demands for the next six months, prepare an aggregate plan that uses inventory,…
A:
Q: Is a chase or level strategy more appropriate for aggregate planning in an air conditioning…
A: Chase Planning Strategy : Adjusting capacity according to demand, Will lower workforce for better…
Q: Period Forecast Cust.Ord.…
A: Master plan scheduling is used to determine what quantity of products must be ordered at what time…
Q: Aggregate planning is concerned with determining thequantity and timing of production in the:a)…
A: Aggregate planning in operations management is concerned with first developing, followed by…
Q: NowJuice, Inc. produces bottled pickle juice. A planner has developed an aggregate forecast for…
A: As per our calculation, this answer is not correct. we are solving it the correct way given,
Q: Prepare a master production schedule for industrial pumps in the manner of the following table. Use…
A: Criteria: If POH becomes less than 10 then MPS of lot size 70 is scheduled. Calculate the…
Q: What are the major differences between aggregate planning in manufacturing and aggregate planning in…
A: The major differences between aggregate planning in manufacturing and aggregate planning in…
Q: Aggregate planning deals with a number of constraints.These typically are:a) job assignments, job…
A: The process of creating, evaluating, and maintaining a tentative, estimated schedule of an…
Q: What information does a master production schedule provide that an aggregate plan does not? O a. A…
A: The Master Schedule, or MPS, is a strategy for producing individual final pieces. The MPS sets out…
Q: The XYZ Company manufactures a seasonal product. At the present time, the company uses a level labor…
A: An aggregate planning strategy covers 12 months typically. The main target of the aggregate planning…
Q: Aggregate Planning A company has the following aggregate demand requirements and other data for the…
A: In chase aggregate planning, the output production is matched with the demand either by using…
Q: The forecast demand for fudge for the next four months is 120, 160, 20, and 60 pounds. a. What is…
A: Given forecast, 1 120 2 160 3 20 4 60
Q: In the agriculture industry, migrant workers are commonly employed to pick crops ready for harvest.…
A: Chase strategy
Q: Aggregate planning deals with a number of constraints.These typically are:a) job assignments, job…
A: Aggregate planning is the planning of production activities for an organization that takes into…
Q: List the stra tegic objectives of aggregate planning. Whichone of these is most often addressed by…
A: Aggregate planning is a method for developing a long-term production strategy that ensures the…
Q: Aggregate planning, or sales and operations planning, usually refers to the action of balancing the…
A: Introduction: In general, the term Aggregate Planning refers to the process of the marketing…
Q: Prepare a master schedule based on the following information: Week 1…
A: Given Data- Week 1 2 3 4 5 6 7 8 Forecast 500 500 600 600 750 750 900 800 Orders 540 470 325…
Q: e plan to meet this demand given this additional information: A level production rate of 1000 units…
A: Given that: Production Cost $20 Inventory Holding Cost $1 Backorder Cost $8 Initial…
Q: The president of Hill Enterprises, Terri Hill, projectsthe firm’s aggregate demand requirements over…
A: Solution The stockout cost for lost sales is $100 per unit and inventory holding cost is $20 per…
Q: Describe in detail what are the aggregate planning goal's?
A: The aggregate strategy must meet a number of objectives concurrently. Several critical purposes of…
Q: ABC COMPANY uses graphical techniques in its aggregate planning efforts. Over the next 12 months…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: a) What is the economic quantity for Ben to order? b) At what inventory level should he place an…
A: Annual Demand (D) = 5000Cost = $ 3Ordering cost (O) = $ 10Holding Cost (H) = 20% of Cost = $…
Q: Leve
A: Planning is the method to achieve the desired result. Organizations with the help of planning…
Q: The most effective aggregate planning strategy depends on O a. the competitive position O b. the…
A: The correct option is c all choices
Q: The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements…
A: Note: Zoom in for clear image Period Month Demand Production Overtime Ending inventory…
Q: Visit either a local manufacturer or service provider (or research one online). Determine how it…
A: Aggregate planning is the process of developing, analyzing, and maintaining a schedule of the…
A local machine shop employs 60 workers who have a variety of skills. The shop
accepts one-time orders and also maintains a number of regular clients. Discuss some
of the difficulties with using the aggregate planning methodology in this context.
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- A Pizza Company has a demand forecast for the next 12 months that is shown in Table 1 The current workforce of 100 staff can produce 1500 cases of pizzas per month. (a) Prepare a production plan that keeps the output level. How much warehouse space would the company need for this plan? (b) Prepare a demand chase plan. What implications would this have for staffing levels, assuming that the maximum amount of overtime would result in production levels of only 10 per cent greater than normal working hours? Table 1 demand forecast Month Demand (cases per month) January 600 February 800 March 1000 April 1500 May 2000 June 1700 July…manager has prepared a forecast of expected aggregate demand for the next six months. Develop an aggregate plan to meet this demand given this additional information: A level production rate of 1000 units per month can be used. Backorders are allowed, and they are charged at the rate of $8 per unit per month. Inventory holding costs are $1 per unit per month based on maximum inventory. Determine the cost of this plan if regular time cost is $20 per unit, beginning inventory is zero, and initial backlog from previous plan is 100. Month Forecast 1 800 2 100 3 1200 4 1100 5 1000 6 900 a. Prepare an aggregate plan.b. Prepare an aggregate plan if the management decided to switch to chase…Capacity planning requires a demand forecast for an extended period of time into the future. What concerns would you have regarding an extended forecast as a capacity planner?
- Aggregate planners attempt to balance: a. demand and inventories b. capacity and costs c. capacity and demand d. demand and costsSoutheast Soda Pop, Inc., has a new fruit drink for which it has high hopes. John Mittenthal, the production planner, has assembled the following cost data and demand forecast: demand forecast. Quarter Forecast 1 1,900 2 1,200 3 1,600 4 800 Costs/Other Data Previous quarter's output=1,200 cases Beginning inventory=0 cases Stockout cost of backorders=$160 per case Inventory holding cost=$40 per case at end of quarter Hiring employees=$35 per case Terminating employees=$80 per case Subcontracting cost=$65 per case Unit cost on regular time=$30 per case Overtime cost=$20 extra per case Capacity on regular time=1,900 cases per quarter John's job is to develop an aggregate plan. The three initial options he wants to evaluate are: • Plan A: a strategy that hires and fires personnel as necessary to meet the forecast. • Plan B: a level strategy. • Plan C: a level strategy that…Mr. Zulhakim being assigned by his manager to develop their production planning for Year 2022. Table 3 shows the information that he able to obtain from the sales & marketing department. After doing the planning, Mr Zulhakim need to present it to his manager. Factory developed a demand forecast based on Table 3 with supplier charges about RM300.00 per unit. The demand forecast is stated as week but, in this planning, it is being considered as an annual quantity for the operation. Ordering cost is RM150.00. Annual holding cost is 10 percent of a purchased price. (b) Develop the ATP of this plan. Initial inventory on hand is 50 units obtained from Year 2021. Lot size for MPS can be obtained by using EOQ model. Table 3: Demand and Customer confirmed order quantity 8 9 10 2 3 10 40 10 00 30 20 40 20 30 Period (Week) 1 4 5 6 7 Forecast (units) Customer orders (booked) (unit) 20 8. 2
- Discuss why it is important for hard rock cafe to accurately forecast demand and information regarding lead timeNowJuice, Inc. produces bottled pickle juice. A planner has developed an aggregate forecast for demand (in cases) for the next four months. Use the following information to develop an aggregate plan using the LEVEL strategy. Inventory holding cost is $1 per month per case and backlog cost is $5 per month per case. Beginning inventory is zero. Month May June July August Forecast 452 520 600 719 Cost Per Unit Monthly Capacity Regular Production 19.40 400 Overtime Production 1.5 x Regular Prod Cost 400 What is the TOTAL cost of the LEVEL plan over the planning horizon? Correct Answer 51,588.6 CAN SOMEONE SHOW ME HOW THEY GOT THE ANSWER 51588.6A manager has prepared a forecast of expected aggregate demand for the next six months. Develop an aggregate plan to meet this demand given this additional information: A level production rate of 500 units per month can be used. Backorders are allowed, and they are charged at the rate of $20 per unit per month. Inventory holding costs are $1 per unit per month in ending inventory. Determine the cost of this plan if regular time cost is $10 per unit and beginning inventory is zero. Overtime costs $16 per unit and subcontracting costs $20 per unit. In the 4th month, overtime is not possible. While outsourcing is not possible in the 3rd month. Overtime capacity is 50 units and subcontracting capacity is 50 units. Month Forecast 1 400 2 480 3 560 4 720 5…
- A manager has prepared a forecast of expected aggregate demand for the next six months. Develop an aggregate plan to meet this demand given this additional information: A level production rate of 1000 units per month can be used. Backorders are allowed, and they are charged at the rate of $20 per unit per month. Inventory holding costs are $1 per unit per month in ending inventory. Determine the cost of this plan if regular time cost is $10 per unit and beginning inventory is zero. Overtime costs $16 per unit and subcontracting costs $20 per unit. In the 4th month, overtime is not possible. While outsourcing is not allowed in the 3rd month. Overtime capacity is 100 units and subcontracting capacity is 100 units per month. Month Forecast 1 800 2 960 3 1120 4 1440 5…Deb Bishop Health and Beauty Products has developed a new shampoo and you need to develop its aggregate schedule. The cost accounting department has supplied you the cost relevant to the aggregate plan and the marketing department has provided a four-quarter forecast. the four-quarter forecast. Quarter Forecast 1 1,400 2 1,100 3 1,700 4 1,300 aggregate plan. Costs Previous quarter's output 1,600 units Beginning inventory 0 units Stockout cost for backorders $55 per unit Inventory holding cost $11 per unit for every unit held at the end of the quarter Hiring workers $50 per unit Layoff workers $75 per unit Unit cost $35 per unit Overtime $20 extra per unit Subcontracting Not available Your job is to develop an aggregate plan for the next four quarters. Part 2 a) Try hiring and layoffs (to meet the forecast) as necessary (enter your responses as whole…Proactive and reactive aggregate planning strategies are best associated with Multiple Choice input and output. make and buy. quantitative and qualitative. exact and approximate. demand and capacity options.