Which of the following aggregate planning strategies cannot impact the demand 1)subcontracting 2)varying production levels . 3)changing inventory levels 4)hiring workers 5)All of these
Q: Snip
A: Solution The opening inventory of the current month is the closing inventory of the previous month.…
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A: The correct answer is
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Q: Compute for the Cost of Goods Sold using the following:
A: Cost of goods sold is basically the cost that is incurred to produce the goods which are sold.
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Q: Explain how aggregate planning is different when thecompany does not provide a tangible product.
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Q: How does revenue management impact an aggregateplan?
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A: We can say that In aggregate planning, the decision-maker first estimates aggregate cost components…
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Q: What is the managerial significance of aggregate planning. Explain
A: Below is the solution:-
Q: The most effective aggregate planning strategy depends on O a. the competitive position Ob. the…
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A: Find the Given details below: Period 1 2 3 4 5 6 7 Total Forecast 50 44 55 60 50 40 51 350
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Q: You work for the Brad's Nailer Company which manufactures two types of nailers: a pneumatic model…
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Q: What was Tinker's inventory turnover during 2020?
A: Cost of Goods Sold: 2019 = $ 770,0002020 = $ 750,000 Inventory: 2019 = $ 208,0002020 = $ 188,000
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A: Aggregate demand refers to the entire quantity of demand for all completed products and services…
Q: Zan Azlett and Angela Zesiger have joined forcesto start A&Z Lettuce Products, a processor of…
A: Note: As per the Bartleby guidelines, only the first thee parts have been answered.
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A: The answer is as below:
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A: Aggregate planning is the process of developing, analyzing, and maintaining a schedule of the…
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- A Pizza Company has a demand forecast for the next 12 months that is shown in Table 1 The current workforce of 100 staff can produce 1500 cases of pizzas per month. (a) Prepare a production plan that keeps the output level. How much warehouse space would the company need for this plan? (b) Prepare a demand chase plan. What implications would this have for staffing levels, assuming that the maximum amount of overtime would result in production levels of only 10 per cent greater than normal working hours? Table 1 demand forecast Month Demand (cases per month) January 600 February 800 March 1000 April 1500 May 2000 June 1700 July…14.5. Mama's Stuffin' is a popular food item during the fall and winter months, but it is marginal in the spring and summer. Use the follow- ing demand forecasts and costs to determine which of the following production planning strategies is best for Mama's Stuffin': a. Level production over the 12 months. b. Produce to meet demand each month. Absorb variations in demand by changing the size of the workforce. c. Keep the workforce at its current level. Supplement with over- time and subcontracting as necessary. Month Demand Forecast March 2000 April 1000 1000 May June 1000 July 1000 1500 August September 2500 October 3000 November 9000 December 7000 January 4000 February 300014.5. Mama’s Stuffin’ is a popular food item during the fall and winter months, but it is marginal in the spring and summer. Use the following demand forecasts and costs to determine which of the following production planning strategies is best for Mama’s Stuffin’: a. Level production over the 12 months. b. Produce to meet demand each month. Absorb variations in demand by changing the size of the workforce. c. Keep the workforce at its current level. Supplement with overtime and subcontracting as necessary.
- How does revenue management impact an aggregateplan?What is managing demand plan?Over the past 12 months, Super Toy Mart hasexperienced a demand variance of 10,000 units and has produced an order variance of 12,000 units.a) What is the bullwhip measure for Super Toy Mart?b) If Super Toy Mart had made a perfect forecast of demandover the past 12 months and had decided to order 1/12 ofthat annual demand each month, what would its bullwhipmeasure have been?
- Suppose XYZ Company has the following aggregate demand requirements and other data for the upcoming four quarters. Quarter Demand Other Data 1 1300 Previous quarter’s output 1500 Units 2 1400 Beginning Inventory 200 units 3 1500 Stock out cost 50$ per unit 4 1300 Inventory holding cost 10 $ per unit Hiring Workers 4$ per unit Firing workers 8$ per unit Unit Cost 30$ per unit Overtime 40 $ per unit Question: Which of the following production plans is better: –Plan A—chase demand by hiring and firing –Plan B—produce at a constant rate of 1200 and obtain the remainder from overtime?Supply/Demand Info Predicted Sales Regular production Overtime production Subcontract production Ending inventory Hired employees Fired employees Total employees Cost variables are as follows: Cost Variables Labor cost/hour Overtime cost/ton Subcontracting costiton Holding cost ton/month Hiring cost employee Firing cost/employee Beginning Apr May 4,200 531 $20 $32 $25 $10 $3.700 $4.000 Jun 51,500 50.300 61,600 Here is some additional relevant (capacity) information: Capacity Information Total labor hours/ton Regular production tons/employee/month Max regular production (tons/month) Max overtime production (tons/month) Max subcontractor production (tons/month) 3 100 56,700 3,700 6,000 Jul Aug Sep 45,400 56.600 62,800 Given the above information (and don't overlook beginning number of employees and inventory levels in the first table), create a LEVEL production plan with only the use of regular production and no inventory left over at the end of the six-month period. What is the regular…Proactive and reactive aggregate planning strategies are best associated with Multiple Choice input and output. make and buy. quantitative and qualitative. exact and approximate. demand and capacity options.
- List the strategic objectives of aggregate planning. Whichone of these is most often addressed by the quantitativetechniques of aggregate planning? Which one of these isgenerally the most important?Illustrate and explain with the aid of an appropriate graphical representation a demand plan which Tropic Industrials Ltd can apply to synchronize demand with supply for their leading product Quick Dry Cement.This company has the following aggregate demand requirements and other data for the upcoming four quarters. Quarter Demand Previous quarter's output 1500 units 1 1400 Beginning inventory 200 units 2 1000 Stockout cost $50 per unit 3 1500 Inventory holding cost $8 per unit at end of quarter 4 1300 Hiring workers $5 per unit Laying off workers $10 per unit Unit cost $30 per unit Overtime $10 extra per unit Which of the following production plans is better: Plan 1—chase demand by hiring and layoffs; or Plan 2—produce at a constant rate of 1200 and obtain the remainder from overtime? Finish the calculation. Plan 1. Demand Regular Time Capacity Regular Time Production Hire Fire Initial Inventory Period 1 1,400 1200 Period 2 1,000 Period 3 1,500 Period 4 1,300…