This strategy also uses inventory to absorb variations in demand. However, it is not easy to predict capacity requirements in services because of the variety of services offered and the individualized nature of many of these services. Moreover, Lecture 4 aggregate planning Excel file contains solution to all the 6 problems discussed in class on aggregate planning.
It is also true that demand is often difficult to predict in services because demand variations occur frequently and are often severe.
A chase demand strategy should be followed when a worker skill qualifications are high b unemployment rates are low c inventory costs are high d all of the above Answer: Forecasting September Lecture note 2: Problems 2, 15, 20, 21 from Chapter It is also true that labor is the most constraining resource in services because services tend to be labor intensive.
Lean Production November 8. Each of them is free. All of the following statements concerning the characteristics of aggregate planning for services is true except a most services cannot be inventoried b demand is difficult to predict c capacity is easy to predict d labor is the most constraining resource e all of the above statements are true Answer: Similarly, hiring and firing workers is not a good strategy when workers are scarce because of low unemployment rates.
Powerpoint Viewer may be used to view and print the ppt files in the form of 1 slide per page. Material Requirements Planning November Lecture note 5: Acrobat Reader may be used to view and print the pdf files.
A chase strategy should not be pursued when worker skill qualifications are high because hiring and firing workers will soon make them difficult to find. The level production strategy produces at a constant rate by definition.
The following Excel file contains solutions to class problems on forecasting: All of the following statements concerning level production are true except a level production strategy sets production at a fixed rate b the main costs of level production involve hiring and firing c level production strategy uses inventory to absorb variations in demand d all of the above statements are true Answer: The following Excel file contains solutions to class problems on MRP: The following two files demonstrate how to solve aggregate planning problems using Linear Programming and Excel Solver.
Download the Excel files. However, a chase strategy is a very good strategy when inventory costs are high since this strategy minimizes inventory levels.
Bring the notes to the class. If you have Powerpoint, you may print 1, 2, 3, or 6 slide s per page using ppt files. It is true that most services cannot be inventoried which removes one of the possible options in aggregate planning. Pdf files contain 2 slides per page.
The lecture notes save class time required to take notes of class discussions. Summarize questions you want to be answered and comments you want to share with the class. Lecture notes will be available from this page during the term.
Aggregate Planning October 2-October 9 Lecture note 3: Before a class, browse the notes corresponding to the lecture. Economies of scale hold when a construction costs do not increase linearly with output levels b production efficiency increases as workers gain experience c quantity discounts are available for material purchases d all of the above Answer:Study 47 Chapter 11 - Aggregate Planning & Master Scheduling flashcards from BreeAnn M.
on StudyBlue. Aggregate Planning (October 2-October 9) Lecture note 3: The following two files demonstrate how to solve aggregate planning problems using Linear Programming and Excel Solver.
Moreover, the Excel file contains solution to all the 6 problems discussed in class on aggregate planning. Lecture 4(Forecasting) (2) - Download as Powerpoint Presentation .ppt), PDF File .pdf), Text File .txt) or view presentation slides online.
gggd. for aggregate production planning are also reported by Eisseman and Young  in a study of a textile mill, 4 D by Fabian  in a study of blast furnace operations. View Notes - Lecture 4 - Aggregate Planning from MS&E at Stanford University.
Lecture 4: Aggregate Production Planning Dave Chang Sitki Timucin MS&E Outline Aggregation and. Given an aggregate demand forecast, determine production levels, inventory levels, and workforce levels, in order to minimize total relevant costs over the planning horizon Given the number of variables, there is not a single optimal solution!Download