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Hi, need to submit a 250 words essay on the topic Production and operation management.However it was notable that the company spent one hundred and sixty dollars more in hiring subcontracts than in la
Hi, need to submit a 250 words essay on the topic Production and operation management.
However it was notable that the company spent one hundred and sixty dollars more in hiring subcontracts than in layoffs. The company plan was to create an aggregate plan that cuts cost and increases the efficiency and output. This plan successfully did that.
The true beauty in the aggregate plan was n the cost cutting evidenced by the decrease in final monthly inventories and decrease in un-taken care of demands. The constant production per day made it easy to manage and operate the system taking care of the dead weight and creating a better system.
In conclusion the firms new strategy is efficient, better and advantageous interm of ease of operation maximization of output and the ability to outsource for better standard output. On the other hand t is more costly to operate thus reducing the profits. Thus I would not recommend the use of the new