Once the managers agreed on the aggregate plan, they should not change it. O a. True O b. False
Q: Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall,…
A: Prepare the production plan of the company. as shown below: Calculate the time taken for the…
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A:
Q: Capital Budgeting decisions involve commitment of Select one: O a. large sums of money O b. capital…
A: Option A is correct - large sum of money
Q: what is the strategy means vary production rates to meet changes in demand, it is often used when…
A: In general terms, strategy refers to the set of action plan devised by an organization in order to…
Q: Justify why aggregate planning is different when a business does not produce a tangible good
A: Aggregate planning is a methodology for forecasting the future volume and timing of demand (3-18…
Q: What is Baker's percentage of assets committed to inventory?
A: Given data Net revenue = $27,500 Cost of sales = $22,040 Inventory = $1290 Total assets = $16960
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: You work for the CEO of a new company that plans to manufacture and sell a new product, a watch that…
A: The ROE is the return earned on investments in the equity component. It pertains to equity…
Q: You have performed preliminary analytical procedureson one of your audit engagements and observed…
A: Preliminary analytical procedure: These are used by the auditors in the planning stage. It helps in…
Q: hase strategy is considered a sales and operations planning strategy such that: Select one: a.…
A: The chase strategy refers to the notion that you are chasing the demand set by the market.…
Q: Which of the following is NOT one of the proactive aggregate planning strategies options? O a. Hire…
A: The correct answer is
Q: Explain the Production Planning and Inventory?
A: Production planning and control is a fixed method that involves the use of human resources, raw…
Q: Explain how aggregate planning is different when thecompany does not provide a tangible product.
A: Aggregate planning is a technique for analysing the quantity and timing of demand in the future…
Q: How does revenue management impact an aggregateplan?
A: Aggregate planning refers to developing a plan for maintaining and scheduling all the internal…
Q: D. All of the above
A: Aggregate Planning StrategiesLevel Strategy. As the call suggests, stage method seems to preserve a…
Q: Does Starwood employ a chase, level, or mixed strategy? Why is this approach the best choice for the…
A: The term mаnаgement is used tо define аn оrgаnizаtiоn's аdministrаtiоn, irresрeсtive оf…
Q: Claudia is getting mad! She has been given an assignment to complete a purchases budget, a sales…
A: Business budget is a primary part of every business planning, which requires lots of factors to…
Q: Directions: Fill-in the missing items on the table. Consider the estimates below. HAKDOG CORPORATION…
A: The filled answers are-
Q: Disaggregate an aggregate plan
A: Aggregate planning provides a common point at which capacity and inventory can be considered jointly…
Q: h. What is the total amount of actual manufacturing overhead cost incurred during the year? (Show…
A: Thankyou for asking the question. Since you have posted a question with multiple sub-parts, we will…
Q: What is the managerial significance of aggregate planning. Explain
A: Below is the solution:-
Q: Junior dresses had an opening inventory of $36,000 at retail. Net sales for the period were $12,389.…
A: ANSWER IS AS FOLLOWS:
Q: ?Mr. Ahamed is a supplier, in which ledger we will put his account Sales ledger .a O Purchase ledger…
A: Companies can have various payables owed to vendors or suppliers at any given time. These payables…
Q: Which of the following aggregate planning strategies cannot impact the demand 1)subcontracting…
A: A balanced scorecard is a strategic management performance used to improve and identify internal…
Q: Jet skis and snowmobiles are assembled by Mobile Incorporated. Because both end-items use the same…
A: Aggregate planning is a cycle to create, examine, and keep a timetable of the general activities of…
Q: Explain any 2 methods that is used when developing an Aggregate plan using a Chase strategy.
A: ANSWER: A chase strategy implies when there is matching demand period by period. A considerable…
Q: A firm needs to either buy or lease $200,000 worth of equipment. The equipment has a life of 5 years…
A:
Q: Owen Conner works part-time packaging software for a local distribution company in Indiana. The…
A: Given, Annual fixed cost = $10,000 Labor = $3.50 per package. Material = $4.50 per package. Selling…
Q: an Shields Communications, Inc., a cellular communications provider based in Michigan, charges $86…
A:
Q: The forecasted demand for fudge for the next four months is 110, 140, 230, and 160 pounds. What is…
A: Recommended production rate with no backorder or stockouts would be 230 since you can not have…
Q: Briefly discuss the managerial significance of aggregate planning with reference to capital…
A: Aggregate planning is a production planning strategy that is also a marketing activity that is used…
Q: Which of the following is NOT one of the proactive aggregate planning strategies options? Select…
A: Which of the following is not one of the proactive aggregate planning strategy options? Hire and…
Q: Which of the following is NOT one of the proactive aggregate planning strategies options? O a.…
A: The purpose of aggregate planning is to plan in advance. It includes planning which entails the…
Q: Major overhaul expenses of $5,000 each are anticipated for a large piece of earthmoving equipment.…
A: Given, Overhaul expenses- $5000 Rate of Interest- 12% Time- 5-13 years
Q: Explain how an aggregate production plan is made.
A: Aggregate production planning - is reasonable for operation management. It is linked with the…
Q: Zan Azlett and Angela Zesiger have joined forcesto start A&Z Lettuce Products, a processor of…
A: Note: As per the Bartleby guidelines, only the first thee parts have been answered.
Q: Why might Avion want to reduce the lead times on its purchased materials and components?
A: The time between when an order is placed and when it is received and available for use or sale. It…
Q: Create the Income Statement in the proper format, including net sales, COGS, gross profit, expenses…
A: 1) THE VINTAGE AUDIO COMPANY Income Statement for the month ended April Sales Revenue 18498 Less :…
Q: What is the effect on inventory and capital needs of increased projections
A:
Q: A. By examining a supplier's capacity, technological resources, delivery strategies, and general…
A: Inventory management is the management in which stock is sourced, stored, and sold in the market.
Q: Develop a production plan and calculate the annual cost for a firm whose demand forecast is: fall,…
A: The factor rating method involves all qualitative and quantitative inputs, and it evaluates…
Q: Excellent Clothing Company is run by Ms Dilnaz and her son, Burzin. They manufacture dresses for…
A: The functions of management are the various processes that are implemented stage by stage so that…
Q: When there is no production, total cost is equal to total fixed cost. Select one: a. True b. False
A: What sort of firm causes costs however delivers no yield? This can just allude to a firm that has…
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…
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- A. Planners for a company that makes several models of skateboards are about toprepare the aggregate plan that will cover six periods. They now want toevaluate a plan that calls for a steady rate of regular output, mainly usinginventory to absorb the uneven demand but allowing some backlog. Overtimeand subcontracting are not used because they want a steady output. They intendto start with zero inventory on hand in the first period. Prepare an aggregate planand determine its cost using the following information. Assume a level of outputrate of 300 units per period with regular time. Note that the planned endinginventory is zero. There are 15 workers, and each can produce 20 units perperiod. Period 1 2 3 4 5 6 TotalForecast 200 200 300 400 500 200 1800 Cost Information:Regular time = $2 per skateboardOvertime = $3 per skateboardSubcontract = $6 per skateboardInventory = $1 per skateboard per period on…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.Planners for a company that makes several models of skateboards are about toprepare the aggregate plan that will cover six periods. They now want toevaluate a plan that calls for a steady rate of regular output, mainly usinginventory to absorb the uneven demand but allowing some backlog. Overtimeand subcontracting are not used because they want a steady output. They intendto start with zero inventory on hand in the first period. Prepare an aggregate planand determine its cost using the following information. Assume a level of outputrate of 300 units per period with regular time. Note that the planned endinginventory is zero. There are 15 workers, and each can produce 20 units per Period 1 2 3 4 5 6 Total Forecast 200 200 300 400 500 200 1800 Cost Information:Regular time = $2 per skateboardOvertime = $3 per skateboardSubcontract = $6 per skateboardInventory = $1 per skateboard per period on average inventoryBack orders = $5 per skateboard per period
- 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. PriceAssess 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.Mary Jones and Jack Smart have joined forces to start M&J Food Products, a processor of packaged shredded lettuce for institutional use. Jack has years of food processing experience, and Mary has extensive commercial food preparation experience. The process will consist of opening crates of lettuce and then sorting, washing, slicing, preserving, and finally packaging the prepared lettuce. Together, with help from vendors, they think they can adequately estimate demand, fixed costs, revenues, and variable cost per 5-pound bag of lettuce. They think a largely manual process will have monthly fixed cost of $50,000 and a variable cost of $2.50 per bag. They expect to sell 75,000 bags of lettuce per month. They expect to sell the shredded lettuce for $3.25 per 5-pound bag. Jack and Mary has been contacted by a vendor to consider a more mechanized process. This new process will have monthly fixed cost of $125,000 per month with a variable cost of $1.75 per bag. Based on the above…
- Mavis and John have joined forces to start M&J Food Products, a processor of packaged shredded lettuce for institutional use. John has years of food processing experience, and Mavis has extensive commercial food preparation experience. The process will consist of opening crates of lettuce and then sorting, washing, slicing, preserving, and finally packaging the prepared lettuce. Together, with help from vendors, they think they can adequately estimate demand, fixed costs, revenues, and variable cost per 5-pound bag of lettuce. They think a largely manual process will have monthly fixed cost of $50,000and a variable cost of $2.50 per bag. They expect to sell 75,000 bags of lettuce per month. They expect to sell the shredded lettuce for $3.25 per 5-pound bag. John and Mavis has been contacted by a vendor to consider a more mechanized process. This new process will have monthly fixed cost of $125,000 per month with a variable cost of $1.75 per bag. Based on the above scenario: Should…Demand Planning at Coca-Cola: What’s the Secret Formula?If only it were that simple to sell 1.7 billion servings of sugared water a day. But, like just about every big corporation with a complex, global supply chain, Coca-Cola battles constantly to align its various disciplines and their diverging priorities.“Plants want to run as much as possible. Sales wants to sell more. Marketing assumes huge successes. Logistics and procurement are on their own. Finance is saying no to everything,” said Rob Haddock, group director of planning with Coca-Cola Refreshments (CCR). Sound familiar?To be sure, The Coca-Cola Company has sought to streamline and simplify a supply chain that historically was fragmented by its very nature, with production and bottling carried out by separate entities. CCR was formed in 2010, when Coca-Cola acquired the North American business of CocaCola Enterprises, its largest bottler. The sales and operations side was branded as CCR, which also took in the majority of…Zan Azlett and Angela Zesiger have joined forcesto start A&Z Lettuce Products, a processor of packaged shreddedlettuce for institutional use. Zan has years of food processingexperience,and Angela has extensive commercial food preparationexperience. The process will consist of opening crates of lettuceand then sorting, washing, slicing, preserving, and finallypackagingthe prepared lettuce. Together, with help from vendors,theythink they can adequately estimate demand, fixed costs, revenues,and variable cost per 5-pound bag of lettuce. They think alargelythe manual process will have monthly fixed costs of $37,500andvariable costs of $1.75 per bag. A more mechanized process will have fixed costs of $75,000 per month with variable costs of$1.25 per 5-pound bag. They expect to sell the shredded lettucefor $2.50 per 5-pound bag.d) What is the revenue at the break-even quantity for the mechanizedprocess? e) What is the monthly profit or loss of the manual process if theyexpect to sell…
- Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall, 11,000; winter, 8,000; spring, 6,000; summer, 13,000. Inventory at the beginning of fall is 500 units. At the beginning of fall you currently have 30 workers, but you plan to hire temporary workers at the beginning of summer and lay them off at the end of summer. In addition, you have negotiated with the union an option to use the regular workforce on overtime during winter or spring if overtime is necessary to prevent stockouts at the end of those quarters. Overtime is not available during the fall. Relevant costs are hiring, $100 for each temp; layoff $200 for each worker laid off; inventory holding, $5 per unit-quarter; backorder, $10 per unit; straight time, $5 per hour; overtime, $8 per hour. Assume that the productivity is 0.5 unit per worker hour, with eight hours per day and 60 days per season. a. What is the total cost for this plan?At the point when a fixed resource is purchased as recruit buy, interest component is arranged under ______ what's more, credit component is ordered under________. a) Operating exercises, financing exercises b) Financing exercises, contributing exercises c) Investing exercises, working exercises d) None of the abovementionedDevelop a production plan and calculate the annual cost for a firm whose demand forecast is: fall, 10,100; winter, 8,100; spring, 7,100; summer, 12,100. Inventory at the beginning of fall is 505 units. At the beginning of fall you currently have 30 workers, but you plan to hire temporary workers at the beginning of summer and lay them off at the end of summer. In addition, you have negotiated with the union an option to use the regular workforce on overtime during winter or spring if overtime is necessary to prevent stock-outs at the end of those quarters. Overtime is not available during the fall. Relevant costs are hiring, $100 for each temp; layoff, $200 for each worker laid off; inventory holding, $5 per unit-quarter; backorder, $10 per unit; regular time, $5 per hour; overtime, $8 per hour. Assume that the productivity is 0.5 unit per worker hour, with eight hours per day and 60 days per season. In each quarter, produce to the full output of your regular workforce, even if that…