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Dr. M's orange farm bottles orange juice from locally grown oranges. Based on past experience and committed contracts he expects the following demand for bottles
Dr. M's orange farm bottles orange juice from locally grown oranges. Based on past experience and committed contracts he expects the following demand for bottles of orange juice over the next five years. Year 1 2 Demand 300,000 120,000 200,000 110,000 135,000 3 4 5 Assume each worker stays on the job for the full year at minimum, and that Dr. V has 3 workers on payroll. Dr. V estimates he will have 20,000 bottles at the end of the current year. Assume each worker is paid $25,000 per year and is responsible for producing 30,000 packages annually. Inventory costs have been estimated at 4 cents per package annually and shortages are not allowed. It costs $500 to hire an employee and $1,000 to fire an employee. Using a a zero inventory plan, find: Aggregate Planning Table P H F 1 W b 1 a f d e 2 3 4 5 Total a [ Select] b (Select) > [ Select] e [ Select) [ Select] e [ Select)
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