Q. Jack is concerned about his company's corporate image and has decided against using hires and fires. Instead, he has asked you to consider a chase aggregate plan using the current workforce supplemented by either overtime or undertime to change capacity to match demand exactly. He has asked for the following information from you: (a) How many production hours would be required each period to produce the exact quantity needed? (b) How many regular-time production hours are available each period? (c) How many overtime production hours would be needed each period? (d) Show what would happen if this plan were implemented. (e) Calculate the costs associated with this plan. (f) Evaluate the plan in terms of cost, customer service, operations, and human resources. (g) Compare this chase strategy with level strategy and conclude which is better.

Q. Jack is concerned about his company's corporate image and has decided against using hires and fires. Instead, he has asked you to consider a chase aggregate plan using the current workforce supplemented by either overtime or undertime to change capacity to match demand exactly. He has asked for the following information from you: (a) How many production hours would be required each period to produce the exact quantity needed? (b) How many regular-time production hours are available each period? (c) How many overtime production hours would be needed each period? (d) Show what would happen if this plan were implemented. (e) Calculate the costs associated with this plan. (f) Evaluate the plan in terms of cost, customer service, operations, and human resources. (g) Compare this chase strategy with level strategy and conclude which is better.

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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Directions Select one of these concepts: How the Aggregate Operations Plan combines required materials, capacity, and staffing. Inputs and application of the different Production Planning Strategies: Chase strategy, level strategy, Stable workforce Aggregate planning techniques that minimize the costs of operations. Application of Materials Requirement Planning methods as a manufacturing scheduling tool Use of Bills of Materials and Lot Sizing in MRP systems
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