Month Expected Demand Production Days Demand Per Day Jan 900 22 41 Feb 700 18 39 Mar 800 21 38 Apr 1200 21 57 May 1500 22 68 june 1100 20 55 Implement an effective Aggregate Planning Process using Chase Strategy, Level Strategy, and Mixed Strategy.Find out which one is better and why? Inventory carrying cost = 5 per unit per monthSub contracting cost per unit = 10 per unit Average pay rate = 5 per hour (40 per day) Over time pay rate= 7 per hour (above 8hours per day) Labor-hours to produce a unit = 1.6 hours per unit Cost of increasing daily production rate (hiring and training) = 300 per unit Cost of decreasing daily production rate (layoffs) = 600 per unit
Month Expected Demand Production Days Demand Per Day Jan 900 22 41 Feb 700 18 39 Mar 800 21 38 Apr 1200 21 57 May 1500 22 68 june 1100 20 55 Implement an effective Aggregate Planning Process using Chase Strategy, Level Strategy, and Mixed Strategy.Find out which one is better and why? Inventory carrying cost = 5 per unit per monthSub contracting cost per unit = 10 per unit Average pay rate = 5 per hour (40 per day) Over time pay rate= 7 per hour (above 8hours per day) Labor-hours to produce a unit = 1.6 hours per unit Cost of increasing daily production rate (hiring and training) = 300 per unit Cost of decreasing daily production rate (layoffs) = 600 per unit
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Your Question:
Month |
Expected Demand |
Production Days |
Demand Per Day |
Jan |
900 |
22 |
41 |
Feb |
700 |
18 |
39 |
Mar |
800 |
21 |
38 |
Apr |
1200 |
21 |
57 |
May |
1500 |
22 |
68 |
june |
1100 |
20 |
55 |
Implement an effective Aggregate Planning Process using Chase Strategy, Level Strategy, and Mixed Strategy.
Find out which one is better and why?
Inventory carrying cost = 5 per unit per month
Sub contracting cost per unit = 10 per unit
Average pay rate = 5 per hour (40 per day)
Over time pay rate= 7 per hour (above 8hours per day)
Labor-hours to produce a unit = 1.6 hours per unit
Cost of increasing daily production rate (hiring and training) = 300 per unit
Cost of decreasing daily production rate (layoffs) = 600 per unit
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