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A company produces a variety of recreation and leisure products. The production manager has developed an aggregate forecast: Use the following...
A company produces a variety of recreation and leisure products. The production manager has developed an aggregate forecast:
Use the following information to develop aggregate plans:
Develop an aggregate plan using the following strategy and compute the total cost of each plan.
c) Develop a mix strategy aggregate plan that will minimize cost. Subcontracting is not allowed; however, all the other options are possible.
d) With the current workforce level of 5 employees, develop an aggregate plan using the transportation method (i.e. find an initial feasible solution using the intuitive lowest-cost approach). State the corresponding aggregate schedule plan and its total costs?
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