Given the projected demands for the next six months prepare, Ask an Expert

Management Studies

Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time and overtime, and backorders. The plan must wind up with no units in ending inventory in Period 6. Regular time capacity is 150 units per month. Overtime capacity is 20 units per month. Overtime cost is $30 per unit, backorder cost is $20 per unit, inventory holding cost is $5 per unit, regular time cost of $20 per unit, and beginning inventory is zero. Month Forecast 1 180 2 170 3 140 4 150 5 130 6 150 How should overtime capacity be utilized? (In what period, and how many units) What are the total regular time costs? What are the total backorder costs? What is the total cost for this plan?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92176884

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 compare and contrast intrinsic and extrinsic motivation

1. Compare and contrast intrinsic and extrinsic motivation giving examples of each from your personal experience. How could you use both intrinsic and extrinsic motivation to motivate yourself to do something you current ...

Renowned economist milton friedman said ldquothere is one

Renowned economist, Milton Friedman said, “there is one and only one responsibility of business: to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the ...

You are the project manager of a 3 person it team

You are the Project Manager of a 3 person IT team, responsible for the development of a new mobile app for your customer, ElectroTacos. ElectroTacos is a local family-owned taco & burrito restaurant. The purpose of the a ...

You are a telecommunications guru and love to help

You are a telecommunications guru and love to help individuals and businesses. Assume that dialup, cable, DSL, T3 line, and satellite links to the Internet are available everywhere unless the particular scenario indicate ...

1 how do marketers use emotions in product design and

1. How do marketers use emotions in product design and advertising? 2. What are the two characteristics of the source of a message that influence its ability to change attitudes? Describe each. 3. Discuss how stakeholder ...

Daily high temperatures in st louis for the last week were

Daily high temperatures in St. Louis for the last week were as follows: 93, 94, 93, 95, 96, 88, 90 (yesterday). a) Forecast the high temperature today, using a 3-day moving average. b) Forecast the high temperature today ...

Please provide the answer for the question of la fitness

Please provide the answer for the question of LA Fitness from external resources (the internet). Evaluate the strategy or strategies you have identified by briefly considering the organization's external environment and ...

1 what is stress what job related factors seem to cause

1. What is stress? What job related factors seem to cause stress? How can stress be reduced? 2. Many companies use e-marketing as a tool to market their companies; how are you going to use e-marketing to your advantage a ...

Suppose you were recently promoted to a supervisory job in

Suppose you were recently promoted to a supervisory job in a company where you have worked for two years. You genuinely like almost all your co-workers, who now report to you. The only exception is one employee, who dres ...

1 the big new idea in marketing is shared value the concept

1. The big new idea in marketing is shared value. The concept of shared value recognizes that the stakeholders of a business are not limited to the owners and customers of the business. Environmental sustainability is a ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert