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Aggregate Planning Problem # 1 Pomegranate Juice, Inc., produces-(Answered)

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Question

Aggregate Planning

Problem # 1

Pomegranate Juice, Inc., produces bottled pomegranate juice.? A planner has developed an aggregate forecast for demand (in cases) for the next six months as:

Month???????????????? 1?????? 2?????? 3?????? 4?????? 5?????? 6??????????????? Total?????????

Forecast?????????????? 400?? 480?? 560?? 720?? 640?? 500???????????

Costs:

???????? Output

???????? Regular time????????????????????????? =?????? $10 per case

???????? Regular production capacity??? =?????? 500 cases per month

???????? Overtime production cost??????? =?????? $16 per case

???????? Subcontracting cost??????????????? =?????? $20 per case

???????? Inventory Holding cost?????????? =?????? $1 per/case/month on avg

???????? Beginning inventory?????????????? = 0

????????

Develop an aggregate production plan using the following guideline and compute the total cost for the plan

Policy ? level production plan, supplemented by inventory and overtime as needed

USE THE COMPUTATIONAL TABLE BELOW

COMPUTATION AID Period???????????????????????? 1????????? 2????????? 3????????? 4????????? 5????????? 6????????????????????? TotalForecast????????????????????? 400????? 480????? 560????? 720????? 640????? 500????????????????? 3300???

Output:

??????????? Regular??????????? 500????? 500????? 500????? 500????? 500????? 500????????????????? 3000

??????????? Overtime???????? ---??????? ---??????? ---??????? ---??????? ---??????? ---??????????????????? -----

??????????? Subcontract???? ---??????? ---??????? ---??????? ---??????? ---??????? ---??????????????????? -----

Output - Forecast

Inventory

???? Beginning

???? Ending

???? Average

Backlog???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

Costs:

????? Output

??????????? Regular

??????????? Overtime???????? ---??????? ---??????? ---??????? ---??????? ---??????? ---??????????????????? -------

??????????? Subcontract???? ---??????? ---??????? ---??????? ---??????? ---??????? ---??????????????????? -------

????? Inventory

Back orders???????????????????????????????????????????????????????????????????????????????????????????????????????????????? ??????????? TOTAL?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

 

Paper#9209193 | Written in 27-Jul-2016

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