100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Chapter 13- Problems with correct answers CA$7.97   Add to cart
Quickly navigate to
Preview
  2.  
  3. Laurentian University (LU )
  4.  
  5. OPER 3006
  6.  
  7. OPER 3006

Exam (elaborations)

Chapter 13- Problems with correct answers
 3 views  0 purchase

Suggested Problems: Chapter 13: Discussion Questions: 1. Define aggregate planning. 2. Explain what the term aggregate in “aggregate planning” means. 4. Define chase strategy. 5. What is a pure strategy? Provide a few examples. 6. What is level scheduling? What is the basic philosophy un...

[Show more]

Preview 2 out of 5  pages

Document information

  • January 15, 2023
  • 5
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

Subjects

Written for

All documents for this subject (1)

Seller

avatar-seller
Abbyy01

Reviews received

Content preview

Suggested Problems:




Chapter 13:



Discussion Questions:

1. Define aggregate planning.

2. Explain what the term aggregate in “aggregate planning” means.

4. Define chase strategy.

5. What is a pure strategy? Provide a few examples.

6. What is level scheduling? What is the basic philosophy underlying it?

7. Define mixed strategy. Why would a firm use a mixed strategy instead of a simple pure strategy?

, Problems:

1. Prepare a graph of the monthly forecasts and average forecasted demand for Industrial Air Corp.,
a manufacturer of a variety of large air conditioners for commercial applications.




3. The president of Hill Enterprises, Terri Hill, projects the firm’s aggregate demand requirements over
the next eight months as follows:




Her operations manager is considering a new plan, which begins in January with 200 units on hand.
Stockout cost of lost sales is $100 per unit. Inventory holding cost is $20 per unit per month. Ignore any
idle-time costs. The plan is called Plan A.

Plan A: Vary the workforce level to execute a “chase” strategy by producing the quantity demanded in the
prior month. The December demand and rate of production are both 1600 units per month. The cost of
hiring additional workers is $5000 per 100 units. The cost of laying off workers is $7500 per 100 units.
Evaluate this plan.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Abbyy01. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$7.97. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$7.97
  • (0)
  Add to cart