Q. Aggregate Production Planning
Questions
1. Explain how might Aggregate Production Planning (APP) benefit Wilkins? Illustrate what are the risks of using APP at Wilkins?
2. Illustrate what constraints are most critical in the development of the aggregate plan at Wilkins? Why?
3. Compute the safety stock for PVBs for each quarter. (σQ1 = 1877, σQ2 = 3361, σQ3 = 3851, σQ1 = 1877 also σQ4 = 8154). Assume the formula SS = z σ t L
4. Create a APP which minimises prices.