Develop a Chase Aggregate Plan Without Inventory and Back Orders

question 54

Essay

Develop a chase aggregate plan without inventory and back orders. Use no undertime or subcontracting. When demand exceeds regular plus maximum overtime production, hire enough employees to meet demand, working as much overtime as possible. When demand is less than regular time production, fire just enough workers to avoid undertime (you may then use a minimal amount of overtime to get production back up to demand) (data given above).
(a) What is the workforce at the end of the last period? How many total were hired? How many total were fired?
(b) How many total units were produced using overtime?
(c) What is the total cost?
(d) What is the cost per unit?

---

Definitions:

Different Terms

Disparate conditions or clauses within an agreement or contract that distinguish from one another.

Unconscionable

A term used to describe actions or conditions that are grossly unfair or ethically wrong, often leading to a contract being declared void.

Sales Contract

A legally binding agreement between a buyer and a seller detailing the terms of a sale of goods or services.

Bargaining Power

The relative capacity of parties in a situation to exert influence over each other, usually in negotiations.