9 7 9 Wormwood Ltd. produces a variety of furniture products. The planning committee wants to prepare an aggregate plan for the next six months using the following information: Demand 160 150 160 180 170 140 Capacity Regular 150 150 150 150 160 160 Overtime 10 10 0 10 10 10 Subcontracting can handle a maximum of 10 units per month. Beginning inventory is zero. Develop a plan that minimizes total cost. No back orders are allowed. SummerFun Inc. produces a variety of recreation and leisure products. The production manager has developed an aggregate forecast: Use the following information to develop aggregate plans. Develop an aggregate plan using each of the following guidelines and compute the total cost for each plan. Which plan has the lowest total cost? Forecast 250 300 250 300 280 275 270 1925 Forecast 50 44 55 60 50 40 51 350 Regular production cost $80 per unit Back-order cost $20 per unit Overtime production cost $120 per unit Beginning inventory 0 units Regular capacity 40 units per month Overtime capacity 8 units per month Subcontracting cost $140 per unit Subcontracting capacity 12 units per month Holding cost $10 per unit per month Hello my names is Greg. I have used your service before and I need you for this semester as well. Below are the following problems (7 and 9) that will start my week 1 of 8. I am retired military so please consider this in my price. I would like to have these in excel spreadsheets by Friday of each week. Thanks. Greg CHAPTER 11: Aggregate Planning and Master Schedulling
Attachments: