called: a. Dependent demand b. Independent demand c. Aggregate planning demand d. Outside demand
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A. A level strategy would generally be used in which production environment?
B. Demand that comes from market conditions outside of the company is called:
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- In aggregate planning models which of the following statements are correct A. The number of workers available influence the possible production level. B. We allow the work level to be modified each month. C Demand should be met D. All of the above(2-b) A firm's demand in the next four quarters is forecast to be 400, 600, 800, and 700 units. Given that beginning inventory is 600, desired ending inventory in quarter 4 is 300, inventory holding cost is $6 per unit per quarter, and production cost is $50 per unit, calculate the cost of a level production plan.Which of the following is not one of the graphical methodsteps?a) Determine the demand in each period.b) Determine capacity for regular time, overtime, andsubcontracting each period.c) Find labor costs, hiring and layoff costs, and inventoryholding costs.d) Construct the transportation table.e) Consider company policy that may apply to the workers or stock levels.f ) Develop alternative plans and examine their total costs.
- A. When aggregate planning seeks to influence demand and supply, both the marketing and operations functions are involved. In this case, the goal is generally to find: a. A lower total cost plan b. A higher profit plan c. A higher sales revenue plan d. A lower cost of goods manufactured plan B. In a market situation where demand is exceeding supply, which from the following list would you generally work on first? a. Distribution b. Work force level c. Promotion d. PriceDeb 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…help me teacher please a) (10 pts) BBOT UTE Company produces a product “A”. Below you can find the BOM (with number of units per parent given in the parenthesis next to the subcomponent code), lead times, demand for Product-A, beginning inventory and scheduled receipts for “A” and all sub components. Determine the planned order release for A, B and C. Assume a lot for lot scheduling rule. FİLL IN THE CS Q1.Table1 COMPLETELY for A, B and C. b) (10 pts) The time-phased net requirements for a product ‘D’ over the next weeks are: The setup cost for the product is 500TL, and the holding cost is 0.10TL per unit per week. Determine the lot sizes using the Wagner Whitin approach. Assume holding cost occurs only if the inventory is held for the complete month. Show all computations. WRITE THE RESULTING SCHEDULE AND TOTAL COST IN A TABLE LIKE BELOW. c) (10 pts) The time-phased net requirements for a product ‘E’ over the next weeks and the shop floor capacity are given below. The setup cost is…
- A company wants to develop a level production plan for a family of products. Theopening inventory is 500 units, and a decrease to 250 units is expected by the end ofthe plan. The demand for each of the months is given in what follows. How muchshould the company produce each month? What will be the ending inventory in eachmonth? Do you see any problems with the plan?Given the forecast and booked orders shown in the table, and a beginning inventory of 25, what should the master production schedule quantity be for period 4? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Table below provides the demand forecast and production day information for an aggregate plan. Assume that no back orders are allowed in this case. Month January February March April May June Demand Forecast 3,000 4,500 3,400 2,500 4,000 3,200 Production Days 22 18 21 21 22 20 The costing information that is used to evaluate the total cost of each plan is as follows:• Inventory carrying cost: $4 per unit per month• Subcontracting cost per unit: $15 per unit• Working hours: 8 hours per day• Average pay rate: $12 per hour ($96 per day per worker)• Labour-hours to produce a unit: 2 hours per unit• Cost of increasing daily production rate (hiring and training): $300 per unit• Cost of decreasing daily production rate (layoffs): $700 per unitUse these information to formulate an aggregate plan. The firm would like to use level strategy: constant workforce for the aggregate planning. The firm chooses the average demand of the…
- Suppose XYZ Company has the following aggregate demand requirements and other data for the upcoming four quarters. Quarter Demand Other Data 1 1300 Previous quarter’s output 1500 Units 2 1400 Beginning Inventory 200 units 3 1500 Stock out cost 50$ per unit 4 1300 Inventory holding cost 10 $ per unit Hiring Workers 4$ per unit Firing workers 8$ per unit Unit Cost 30$ per unit Overtime 40 $ per unit Question: Which of the following production plans is better: –Plan A—chase demand by hiring and firing –Plan B—produce at a constant rate of 1200 and obtain the remainder from overtime?The total planned expenditures is called as aggregate demand Select one: True False1. Which of the following statements is incorrect? Facility planning has a short-range component that determines whether more capacity is needed or less. At the aggregate planning level, expected workforce levels and corresponding production output levels are determined based on existing capacity. Scheduling consists of short-term decisions that allocates available capacity by assigning it to specific activities. Scheduling decisions often indicate a need for revised aggregate planning, and aggregate planning may uncover facility needs. Two types of common capacity measures are number of units produced and tons produced. 2. Which of the following statements is incorrect? Two types of common capacity measures are number of customers served over a specified period and physical asset availability. Utilization is the relationship between actual output and input. Utilization = (actual output/capacity) x 100% Utilization is a useful measure for estimating how busy a…