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(a) Explained the importance of having aggregate planning AND master scheduling planning in production? **(There is no limit for explanation words but should be at least of 20 words)

(a) Explained the importance of having aggregate planning AND master scheduling planning in production? **(There is no limit for explanation words but should be at least of 20 words)

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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production planning and control

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Mr. Zulhakim being assigned by his manager to develop their production planning for Year 2022. Table 3 shows the information that he able to obtain from the sales & marketing department. After doing the planning, Mr Zulhakim need to present it to his manager. Factory developed a demand forecast based on Table 3 with supplier charges about RM300.00 per unit. The demand forecast is stated as week but, in this planning, it is being considered as an annual quantity for the operation. Ordering cost is RM150.00. Annual holding cost is 10 percent of a purchased price. (a) Explained the importance of having aggregate planning AND master scheduling planning in production? **(There is no limit for explanation words but should be at least of 20 words) Table 3: Demand and Customer confirmed order quantity 2 | 3 10 40 10 00 30 20 40 20 30 Period (Week) 8 9 10 1 4 5 6 7 Forecast (units) Customer orders (booked) (unit) 20 8. 2
Transcribed Image Text:Mr. Zulhakim being assigned by his manager to develop their production planning for Year 2022. Table 3 shows the information that he able to obtain from the sales & marketing department. After doing the planning, Mr Zulhakim need to present it to his manager. Factory developed a demand forecast based on Table 3 with supplier charges about RM300.00 per unit. The demand forecast is stated as week but, in this planning, it is being considered as an annual quantity for the operation. Ordering cost is RM150.00. Annual holding cost is 10 percent of a purchased price. (a) Explained the importance of having aggregate planning AND master scheduling planning in production? **(There is no limit for explanation words but should be at least of 20 words) Table 3: Demand and Customer confirmed order quantity 2 | 3 10 40 10 00 30 20 40 20 30 Period (Week) 8 9 10 1 4 5 6 7 Forecast (units) Customer orders (booked) (unit) 20 8. 2
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