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Summer-Fun, Inc., produces a various commodities related to recreation and leisure. The production manager has developed an aggregate forecast: Apr May Aug Sep Total Mar
Summer-Fun, Inc., produces a various commodities related to recreation and leisure. The production manager has developed an aggregate forecast: Apr May Aug Sep Total Mar June July Demand 50 1 44 | 55 | 59 | 50 | 41 51 350 Use the following information to develop aggregate plans. Regular production cost $ 80 per unit Overtime(OT) production cost $ 120 per unit Subcontracting(SC) cost $ 140 per unit Regular capacity 40 units per month Overtime capacity 8 units per month Subcontracting capacity 20 units per month Regular/Overtime Subcontracting capacity in June 078/11 units Holding cost $10 per unit per month Beginning Inventory O units Develop an aggregate plan using a level strategy. (1) Please show me the aggregate planning under the condition of "No shortage allowed" (2) Please show me the aggregate planning under the condition of "No shortage allowed" and "O inventory at the end of planning horizon". (3) Compare the total costs of (1) and (2). Assignment 4_Problem 2 EOQ with Quantity Discount (30) A firm can order an item at two costs. As shown below, the larger order quantity yields a quantity discount Weekly demand is 200 units. The inventory holding cost rate is 20% of purchasing cost. The cost to place an order is $10/order. There are 50 weeks per year. Quantity Purchasing Cost/unit 350 $8 What is the economic order quantity to minimize total cost(AIC)
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