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Question 1 A company makes a variety of products in their factories worldwide. Its line of products exhibits a highly seasonal demand pattern with peaks
Question 1 A company makes a variety of products in their factories worldwide. Its line of products exhibits a highly seasonal demand pattern with peaks during the winter months. Given the following costs and quarterly sales forecasts as shown in Table 3, if the company applies pure strategies of aggregate planning techniques, analyze which strategy would more economically meet the demand for products. Sales forecast 7000 8600 8700 9000 Table 3 Quarter Spring Summer Fall Winter Additional information Hiring cost Firing cost Inventory carrying cost Regular production cost per pound Production per employee Beginning work force $ 200 per worker $ 1000 per worker $ 1.00 pound per quarter $ 4.00 2000 pounds per quarter 200 workers Question 1 A company makes a variety of products in their factories worldwide. Its line of products exhibits a highly seasonal demand pattern with peaks during the winter months. Given the following costs and quarterly sales forecasts as shown in Table 3, if the company applies pure strategies of aggregate planning techniques, analyze which strategy would more economically meet the demand for products. Sales forecast 7000 8600 8700 9000 Table 3 Quarter Spring Summer Fall Winter Additional information Hiring cost Firing cost Inventory carrying cost Regular production cost per pound Production per employee Beginning work force $ 200 per worker $ 1000 per worker $ 1.00 pound per quarter $ 4.00 2000 pounds per quarter 200 workers
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