{"id":7386,"date":"2021-07-21T16:35:49","date_gmt":"2021-07-21T06:35:49","guid":{"rendered":"https:\/\/casestudyhelp.com\/sample-questions\/?p=7386"},"modified":"2021-07-21T17:12:24","modified_gmt":"2021-07-21T07:12:24","slug":"technology-engineering-a-case-study-aggregate-planning-questions","status":"publish","type":"post","link":"https:\/\/casestudyhelp.com\/sample-questions\/technology-engineering-a-case-study-aggregate-planning-questions\/","title":{"rendered":"Technology & Engineering – A Case Study Aggregate Planning Questions"},"content":{"rendered":"

Case Study on Cool Engineering Company – Aggregate Planning Assignment Answer<\/strong><\/h2>\n

Words: 3000<\/strong><\/p>\n

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Cool Engineering Company has asked you and your team to develop an aggregate plan for January through June for its refrigerator production based on the following data:<\/p>\n

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Cost Data<\/p>\n

Holding cost\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 RM8\/ refrigerator \/month<\/p>\n

Subcontracting\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0RM80\/ refrigerator<\/p>\n

Regular-time labor\u00a0\u00a0\u00a0\u00a0\u00a0 RM12\/hour<\/p>\n

Overtime labor\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 RM18\/hour for hours above<\/p>\n

8 hours\/worker\/day<\/p>\n

Hiring cost\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 RM40\/ worker<\/p>\n

Layoff cost\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 RM80\/ worker<\/p>\n

Stock-out cost RM60\/refrigerator<\/p>\n

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Capacity Data<\/p>\n

Current workforce (December)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8 people<\/p>\n

Labor hours\/ refrigerator\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4 hours<\/p>\n

Workdays\/month\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 20 days<\/p>\n

Beginning inventory\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 250 refrigerators<\/p>\n

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Month<\/p>\n\n\n\n\n\n\n\n\n\n
Month<\/td>\nDemand<\/td>\n<\/tr>\n
January<\/td>\n400<\/td>\n<\/tr>\n
February<\/td>\n500<\/td>\n<\/tr>\n
March<\/td>\n550<\/td>\n<\/tr>\n
April<\/td>\n700<\/td>\n<\/tr>\n
May<\/td>\n800<\/td>\n<\/tr>\n
June<\/td>\n700<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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What will each of the following strategies cost?<\/p>\n

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Plan I: Vary the workforce so that production meets the forecasted demand. Cool Engineering had eight employees in December.<\/p>\n

Plan II: Vary overtime only and use a constant workforce of ten.<\/p>\n

Plan III: Vary overtime and allowing stock-out and use a constant workforce of ten<\/p>\n

Plan IV: Vary overtime and subcontracting<\/p>\n

The objective is to choose the plan that has the lowest cost. Which plan is best and why?<\/p>\n

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