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- Describe the differences between capacity planning and materials planning.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 the costs relevant to the 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…production planning and control please help
- Develop a level aggregate plan for the Draper Tax Companyif back orders are permitted.(a) Show what would happen if this plan were implemented.(b) Calculate the costs associated with this plan.(c) Evaluate the plan in terms of cost, customer service,operations, and human resources.As the production planner for Xiangling Hu Products, Inc., you have been given a bill of material for a bracket that is made up of a base, 2 springs, and 4 clamps. The base is assembled from 2 clamps and 1 housing. Each clamp has 1handle and 1 casting. Each housing has 2 bearings and 2 shafts. There is no inventory on hand. Part 3 b) Determine the gross quantities needed of each item if you are to assemble 150 brackets. Base: enter your response here units (enter your response as a whole number). Spring: enter your response here units (enter your response as a whole number). Clamp: enter your response here units (enter your response as a whole number). Housing: enter your response here units (enter your response as a whole number). Handle: enter your response here units (enter your response as a whole number). Casting: enter your response here units (enter your response as a whole number). Bearing: enter…Explain what category of planning covers a period from a day to 6 months,with daily or weekly time increments?
- How does the Wilson approach handle demand forecasting and inventory planning for new product launches?To illustrate these different approaches to Production Planning, identify to most appropriate Production Planning and Manufacturing approach the following industrial scenario. A company that manufactures a specialized scientific instruments based on standard base units with different optional extra parts (for example Cryostats for spectroscopy - an exciting range available for your research - Nanoscience - Oxford Instruments (oxinst.com) ). Sales volumes are expected to be 1000-2000 units per year. For each of these scenarios, evaluate the effectiveness of the proposed Production planning Techniques AND Manufacturing approach AND justify your selections.Major operations and supply planning activities can be grouped into categories based on the relevant time range of the activity. Into what time range category does sales and operations planning i t?
- 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…Assess plan A: strategy that hires and fires employees to meet the forecasted demand. Assess plan B: strategy that produces 1,200 cases per quarter and meets the forecasted demand with inventory and subcontracting.Describe the following types of bills of material:a. Product tree.b. Multilevel bill.c. Single-level bill.d. Indented bill.e. Summarized parts list.f. Planning bill