{"id":755,"date":"2017-06-21T09:05:48","date_gmt":"2017-06-21T09:05:48","guid":{"rendered":"https:\/\/typedessays.com\/assignment-on-aggregate-planning-assignment\/"},"modified":"2017-06-21T09:05:48","modified_gmt":"2017-06-21T09:05:48","slug":"assignment-on-aggregate-planning-assignment","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/assignment-on-aggregate-planning-assignment\/","title":{"rendered":"Assignment on aggregate planning assignment"},"content":{"rendered":"<p>Aggregate Planning Assignment<\/p>\n<p>1. In general, under what conditions might a firm favor a level production plan over a chase plan?\u00a0 A chase production plan over a level plan?<\/p>\n<p>2. Why is it important to update a sales and operations plan on a regular basis, using a rolling time horizon approach?<\/p>\n<p>3. What is the major difference between aggregate planning in manufacturing and aggregate planning in services?<\/p>\n<p>4. You have been given the following information about production of a product for ABC Company:<\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td colspan=\"2\" valign=\"top\" width=\"337\">\n<p align=\"center\">Facts given<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"211\">Cost perunit:<\/td>\n<td valign=\"top\" width=\"126\">\n<p align=\"right\">$ 1250<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"211\">OT cost per unit:<\/td>\n<td valign=\"top\" width=\"126\">\n<p align=\"right\">$ 18.75<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"211\">Holding cost:<\/td>\n<td valign=\"top\" width=\"126\">\n<p align=\"right\">$ 11100<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"211\">Lahorhrf unit<\/td>\n<td valign=\"top\" width=\"126\">\n<p align=\"right\">8<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"211\">Labor h rs per emp per month<\/td>\n<td valign=\"top\" width=\"126\">\n<p align=\"right\">150.00<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"211\">Plant capacity<\/td>\n<td valign=\"top\" width=\"126\">\n<p align=\"right\">1,800<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"211\">Cost to hire train emp<\/td>\n<td valign=\"top\" width=\"126\">\n<p align=\"right\">$ 801100<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"211\">Cost to fire emp<\/td>\n<td valign=\"top\" width=\"126\">\n<p align=\"right\">$ 500110<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"211\">Beginning\/ ending workforce<\/td>\n<td valign=\"top\" width=\"126\">\n<p align=\"right\">90<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\" valign=\"top\" width=\"211\">Beginningimrentory<\/td>\n<td valign=\"top\" width=\"126\">\n<p align=\"right\">500<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"126\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td colspan=\"2\" valign=\"top\" width=\"199\">\n<p align=\"center\">Demand (in units)<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"103\">Period 1<\/td>\n<td valign=\"top\" width=\"96\">\n<p align=\"right\">1,710<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"103\">Period 2<\/td>\n<td valign=\"top\" width=\"96\">\n<p align=\"right\">2,160<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"103\">Period 3<\/td>\n<td valign=\"top\" width=\"96\">\n<p align=\"right\">1,440<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"103\">Period 4<\/td>\n<td valign=\"top\" width=\"96\">\n<p align=\"right\">1,200<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"103\">Period 5<\/td>\n<td valign=\"top\" width=\"96\">\n<p align=\"right\">Z048<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"103\">Period 6<\/td>\n<td valign=\"top\" width=\"96\">\n<p align=\"right\">2,400<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"103\">Period 7<\/td>\n<td valign=\"top\" width=\"96\">\n<p align=\"right\">1,740<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"103\">Period 8<\/td>\n<td valign=\"top\" width=\"96\">\n<p align=\"right\">1,500<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>a. Develop a level production plan for ABC Company.\u00a0 NOTE: The beginning and ending inventory units should be 500 units.<\/p>\n<p>b. Develop a chase production plan for ABC Company.\u00a0 NOTE: The beginning and ending inventory units should be 500 units.<\/p>\n<p>c. If you had to recommend a plan, which would you choose?\u00a0 What are the advantages \/ disadvantages of this recommended plan?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aggregate Planning Assignment 1. In general, under what conditions might a firm favor a level production plan over a chase plan?\u00a0 A chase production plan over a level plan? 2. Why is it important to update a sales and operations <a href=\"https:\/\/www.benedictsol.com\/blogs\/assignment-on-aggregate-planning-assignment\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-755","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=755"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/755\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}