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Quarter Demand Previous quarter's output 2 5 0 0 units 1 2 3 0 0 Beginning inventory 2 0 0 units 2 2 4 0
Quarter Demand Previous quarter's output units
Beginning inventory units
Stockout costs $ per unit
Inventory holding cost $ per unit at end of quarter
Hiring workers $ per unit
Laying off workers $ per unit
Unit cost $ per unit
Overtime $ extra per unit
Subcontracting $ per unit
Determine the cost for the following aggregate planning strategies:
a Plan A Vary the workforce using a chase strategy by hiring and layoffs to match regular time production to monthly demand. What is the total cost of this strategy? $Blank
b Did you lose any sales? If so how many? Blank
Total Cost $
Sales Lost
c Plan B utilize a mixed strategy @ for the planning period, with the option of using overtime with a cap of and inventory levels if needed. What is the total cost of this plan? $Blank
d Did you lose any sales? If so how many? Blank
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