Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Task 1: Sask Trailers assembles different types of small camping trailers demanded between January and June of each year. The demand generally peaks in

image text in transcribed

Task 1: Sask Trailers assembles different types of small camping trailers demanded between January and June of each year. The demand generally peaks in April and May. Next year's aggregate demand forecast beyond the regular capacity is given in the following table: Month Jan Feb Mar Apr May Jun Forecasted Demand above regular capacity 390 540 735 1050 1,170 375 The company can hire temporary workers to meet the above requirements. Each temporary worker can produce 15 units per month. Hiring/training cost is approx. $1,000 per temp worker. Inventory holding cost per camping trailer per month is $50, charged to average inventory level during a month. Before January, there are no camping trailers on hand. 330 extra units are desired in inventory at the end of June. Any shortage during a period is backordered at a cost of $150 per camping trailer per month. [10 Marks] a) Develop a level aggregate plan and calculate the total cost. b) Develop a chase aggregate plan and calculate the total cost. [Ending inventory of 330 units in June is also desired with the chase plan.]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Management A Systems Approach to Planning Scheduling and Controlling

Authors: Harold Kerzner

10th Edition

978-047027870, 978-0-470-5038, 470278706, 978-0470278703

More Books

Students also viewed these General Management questions

Question

Describe three productive topics of study in biological psychology.

Answered: 1 week ago