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Fairview Industries Is Preparing Its Aggregate Plan for the Second

question 52

Essay

Fairview Industries is preparing its aggregate plan for the second half of the year. The table below contains monthly demand estimates and working days per month. Complete the table by computing total demand, demand per day (for each month), and the average requirement (in units per day) over the six-month planning horizon. Prepare a graph of forecast demand and level production, by months, for the planning period. Label your graph carefully.
 Expected  Production  Demand per  Month  Demand  Days  Day  Tuly 18,00020 Aurgust 21,00023 September 17,50021 October 12,50021 November 12,00020 December 13,50021 TOTAL \begin{array}{|l|l|l|l|}\hline &\text { Expected } & \text { Production } & \text { Demand per }\\\text { Month } & \text { Demand } & \text { Days } & \text { Day }\\ \hline \text { Tuly } & 18,000 & 20 & \\\hline \text { Aurgust } & 21,000 & 23 & \\\hline \text { September } & 17,500 & 21 & \\\hline \text { October } & 12,500 & 21 & \\\hline \text { November } & 12,000 & 20 & \\\hline \text { December } & 13,500 & 21 & \\\hline \text { TOTAL } & & & \\\hline\end{array}

 Fairview Industries is preparing its aggregate plan for the second half of the year. The table below contains monthly demand estimates and working days per month. Complete the table by computing total demand, demand per day (for each month), and the average requirement (in units per day) over the six-month planning horizon. Prepare a graph of forecast demand and level production, by months, for the planning period. Label your graph carefully.   \begin{array}{|l|l|l|l|} \hline &\text { Expected } & \text { Production } & \text { Demand per }\\ \text { Month } & \text { Demand } & \text { Days } & \text { Day }\\  \hline \text { Tuly } & 18,000 & 20 & \\ \hline \text { Aurgust } & 21,000 & 23 & \\ \hline \text { September } & 17,500 & 21 & \\ \hline \text { October } & 12,500 & 21 & \\ \hline \text { November } & 12,000 & 20 & \\ \hline \text { December } & 13,500 & 21 & \\ \hline \text { TOTAL } & & & \\ \hline \end{array}


Definitions:

Widget Industry

A hypothetical or generic term often used to refer to any industry or sector producing a common, unspecified product for illustrative purposes.

AFL-CIO

The American Federation of Labor and Congress of Industrial Organizations, a federation of unions that represents workers.

Manufacturing Labor Market

The sector of the labor market focused on jobs involved in the production and fabrication of goods.

Unionized

Referring to workers or an industry segment that is organized into a union, which negotiates wages, work conditions, and other employment terms on behalf of its members.

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