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25 points a. Students were required to complete a project for the Operations Management II (IENG3001) course. This project looked at the operational considerations in
25 points a. Students were required to complete a project for the Operations Management II (IENG3001) course. This project looked at the operational considerations in setting up a business for various types of food-based businesses. Considerations should have been given towards developing an aggregate plan for your products. i. State with reason whether the product you considered for your project would benefit from either a level, chase or hybrid aggregate plan. ii. Discuss the advantage(s) and/or disadvantage(s) for using capacity-based and demand-based options specific to your product. [7mks] [8mks] b. Bob's Chairs sells tables. Over the last ten (10) years, they have noticed a high seasonal demand pattern, with peak sales over the Fall and Winter seasons Given the cost and quarterly sales forecast shown in Tables 4 and 5, determine the cost of maintaining level production approach. Table 4 Quarterly Sales Forecast Quarter Sales Forecast (Number) [10mks] Spring Summer Fall Winter 8000 5000 12000 15000 Table 5 Costs Hiring Cost $100 per worker Firing Cost $500 per worker Inventory Carrying Cost $0.50 per chair per quarter Regular Production Cost = $200.00 = Production per employee 100 tables per quarter Beginning Workforce = 100 workers
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