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?

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Definitions:

Absolute Zero

A point on a scale where there is a complete absence of the measured phenomenon, allowing for ratio comparisons.

Ordinal Level

A measurement scale that categorizes data while preserving the order of the categories but not assuming equal intervals between them.

Order

The arrangement or sequence of elements or events in a particular way.

Outlier

An observation in a data set that is distant from other observations, often indicating a measurement error or a unique phenomenon.