Discuss on the various costs associated with aggregate planning..

b) What are the components of service package! S. Prepare an aggregate plan for the following information of demand forecast as given in the table below. Period 1 Demand (units) 55 2 49 Regular Production Cost Overtime production Cost Regular Production capacity 3 60 4 57 5 45 : Rs 60 per unit : Rs 80 per unit : 50 units per period : Rs 5 per unit per period Inventory cost Overtime Production capacity: 10 Units per period : Rs 150 per unit : Unlimited : Nil 6 60 7 8 50 65 9 55 Subcontracting cost Subcontracting capacity Beginning Inventory Use regular production and supplement using inventory, overtime and subcontracting.

Dwayne Cole, owner of a F lorida firm that ma nufacturesdisplay cabinets, develops an 8-month aggregate plan.Demand and capacity (in units) a re fo recast as follows:                                                                            The cost of producing each unit is $1,000 on regular time, $ 1,300 onovertime, and $1,800 on a subcontract. Inventory carrying cost is$200 per unit per month. There is no beginning or ending inventory )in stock, and no backorders are permitted from period to period. ~Let the production (workforce) vary by using regular timefirst, then overtime, and then subcontracting.a) Set up a production plan that minimizes cost by producingexactly what the demand is each month. This plan allows nobackorders or inventory. What is this plan's cost?b) Through better p lanning, regular-time production can be setat exactly the same amount, 275 units, per month. If demandcannot be met there is no cost assigned to shortages and theywill not be filled. Does this a lter…

The S&OP team at Kansas Furniture, led by David Angelow, has received estimates of demand requirements as shown in the table. Assuming one-time stockout costs for lost sales of $125 per unit, Kinventory carrying costs of $25 per unit per month, and zero beginning and ending inventory, evaluate the following plan on an incremental cost basis: Plan B: Vary the workforce to produce the prior month's demand. Demand was 1,300 units in June. The cost of hiring additional workers is $30 per unit produced. The cost of layoffs is $65 per unit cut back. (Enter all responses as whole numbers.) Note: Both hiring and layoff costs are incurred in the month of the change (i.e., going from production of 1,300 in July to 1200 in August requires a layoff (and related costs) of 100 units in August). Stockouts (Units) Month 1 July Demand 1200 Hire Production (Units) Layoff Ending (Units) Inventory 2 August 1300 3 September 1200 4 October 1700 5 November 1650 6 December 1650

Solve all this question compulsory........

cpmpute for 4 quarters pls

JAYB, manager of a Fabrication company, has the following aggregate demand requirements and other data for the upcoming four quarters. Table 5: Forecast and cost information [Jadual 5: Maklumat Ramalan dan kos] Quarter [Suku] Demand [Permintaan] Previous quarter's output [Keluaran suku sebelumnya] 1,500 units 1 1,400 Beginning inventory [Inventori awal] 200 units 2 1,000 Hiring workers [Pengambilan pekerja] RM6 per unit 3 1,500 Laying off workers [Pembuangan pekerja] RM11 per unit 4 1,300 Unit cost [Kos unit] RM30 per unit   With the information given, JAYB wants you to calculate the total cost of using chase strategy by hiring and layoff workers.

5) How does revenue management impact an aggregate plan?

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How does aggregate planning contribute to overall cost reduction and efficiency improvement?