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please solve all parts will upvote Question 2: A company is preparing its aggregate production plan for the year 2019. The monthly demand forecasts are
please solve all parts will upvote
Question 2: A company is preparing its aggregate production plan for the year 2019. The monthly demand forecasts are given in Table 1. Currently, the company has 100 workers and 150 units in inventory. Each worker can produce 10 units per month. Below more information is provided. 1. Regular time production cost-$200 per unit 2. Overtime production cost = $300 per unit 3. Hiring cost-$500 per worker 4. Firing cost-$3000 per worker 5. Desired final inventory (December 2019)100 units Desired final workforce (December 2019)150 workers 7. Inventory holding cost is $50 per unit per month 8. No shortages are allowed Table 1 - Sales data of the year 2018 Month Sales 1 500 2 600 3 600 4 800 5 1300 6 2000 7 2500 8 3000 9 2400 1800 11 1500 12 1200 10 n11 1.1. Determine a production plan for the next 12 months using the chase strategy. Fill in the table below and the blanks! (10 points) Table 2 - Chase strategy of the year 2019 Total units # workers hired at Inventory at the end of the month # Workers produced the beginning of this month Month Sales # workers fired at the beginning of this month 0 1 2 500 600 3 4 5 6 7 8 9 10 11 600 800 1300 2000 2500 3000 2400 1800 1500 1200 12 2 IMSE 4360 - Supply Chain Engineering Total hiring cost = Total firing cost = Total inventory cost =Step by Step Solution
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