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The Data Table and Aggregate Demand Forecast below provide information related to one of the major product lines of refrigerators for Dayton Manufacturing Co.
The Data Table and Aggregate Demand Forecast below provide information related to one of the major product lines of refrigerators for Dayton Manufacturing Co. On Tab A develop a Level production plan. Include monthly and total costs On Tab B develop a Chase production plan. Include monthly and total costs. Month # of Days Forecast September 20 15,000 October 23 12,000 November 21 10,000 December 16 9,000 Data Box Productivity and Cost Data Material and Overhead $/Unit 150 Inventory Holding Cost $/Unit on End Inv. 3 Regular Time Production $/Hour 7.5 Overtime Production $/Hour 11.25 Max OT as % of Regular Time Production 20 Subcontracting $/Unit 225 Cost to Fire $/Person 900 Cost to Hire $/Person 1200 Labor Hours/Unit Productiion Hours/Day 2 8 Beginning Inventory Level (Units) 1000 Desired Minimun Monthly End Inv. (Units) 300 Tab A - Level Tab B - Chase + Level Strategy September October November December Day in Month Aggregate Forecast Regular Time Production (Units) Overtime Production (Units) Number of Workers Hired Number of Workers Fired Subcontracting (Units) Beginning Inventory Ending Inventory Costs Regular Time Production Overtime Production Hiring Workers Firing Workers Subcontracting Material and Overhead Inventory (Based on El) Monthly Total Costs Overall Cost Of the Plan
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