The demand information is given below. Month Jan Feb Mar Apr May Jun Demand 1,900 2,800 4,700 5,600 5,600 1,750 A worker can produce 25 units per month. Assume that the beginning inventory in January is 450 units, and the firm desires to have 300 units of inventory at the end of June. Use a chase production strategy to compute the monthly production, ending inventory/(backlog) and workforce levels. Do not round intermediate calculations. Round your answers to the nearest whole number. Use a minus sign to enter a negative value, if any. If your answer is zero, enter "0". Month Jan Feb Mar Apr May Jun Demand 1,900 2,800 4,700 5,600 5,600 1,750 Production Ending inventory 450 Workforce Use a level production strategy to compute the monthly production, ending inventory/(backlog) and workforce levels. Do not round intermediate calculations. Round your answers to the nearest whole number. Use a minus sign to enter a negative value, if any. If your answer is zero, enter "0". Month Jan Feb Mar Apr May Jun Demand 1,900 2,800 4,700 5,600 5,600 1,750 Production Ending inventory 450 Workforce

The demand information is given below. Month Jan Feb Mar Apr May Jun Demand 1,900 2,800 4,700 5,600 5,600 1,750 A worker can produce 25 units per month. Assume that the beginning inventory in January is 450 units, and the firm desires to have 300 units of inventory at the end of June. Use a chase production strategy to compute the monthly production, ending inventory/(backlog) and workforce levels. Do not round intermediate calculations. Round your answers to the nearest whole number. Use a minus sign to enter a negative value, if any. If your answer is zero, enter "0". Month Jan Feb Mar Apr May Jun Demand 1,900 2,800 4,700 5,600 5,600 1,750 Production Ending inventory 450 Workforce Use a level production strategy to compute the monthly production, ending inventory/(backlog) and workforce levels. Do not round intermediate calculations. Round your answers to the nearest whole number. Use a minus sign to enter a negative value, if any. If your answer is zero, enter "0". Month Jan Feb Mar Apr May Jun Demand 1,900 2,800 4,700 5,600 5,600 1,750 Production Ending inventory 450 Workforce

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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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…
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What is the BOM stock needed for the shoe department for April if the sales are planned at $64,000 and the stock to sales ratio is 18.3?
Develop a S&OP plan by month for fiscal year 2015. Consider the use of several different production strategies. Which strategy do you recommend? Use of Excel will greatly save time in making these plans.