Month Demand Forecast
JAN 100
FEB 150
MAR 250
APR 400
Hiring cost: Rs.200 per worker hired Firing cost: Rs.100 per worker fired Regular pay: Rs.5000 per worker per month Overtime pay: 1.5 times regular pay Inventory carrying cost: Rs.10 per unit (based on end of month balances) Backorder cost: Rs.20 per unit (based on end of month shortage) Productivity: 10 units per worker per month (this has also been scaled down from Beginning workforce size: 20 workers (available at the beginning of January) Beginning inventory: 0 units (no inventory available at the beginning of January
Level Strategy Month Demand Forecast Production / Month Beginning Work Force Salary Inventory Back order JAN 100 200 20 100000 100 0 FEB 150 200 20 100000 150 0 MAR 250 200 20 100000 100 0 APR 400 200 20 100000 0 -100
Hire n Fire Strategy Month Demand Forecast Manpower Productivity JAN 100 20 200 FEB 150 10 100 MAR 250 15 150 APR 400 25 250
Required man power Current Man power hire Fire Hire Cost Fire Cost
10 10 0 10 0 1000
15 15 5 0 1000 0
25 25 10 0 2000 0
40 40 15 0 3000 0
Idle time & Over time
Month Demand Forecast Manpower Productivity Beginning Work Force Salary Over time no of opr Over time cost
JAN 100 20 200 20 100000
FEB 150 20 200 20 100000
MAR 250 20 200 20 100000 5 37500
APR 400 20 200 20 100000 20 150000
Level Strategy Hire n Fire Strategy Idle time & Over time
1216800 1220600 1642500
MAY 250
JUN 50
JUL 90
AUG 160
SEP 260
OCT 390
NOV 240
DEC 60
end of month balances) month shortage) has also been scaled down from what was originally expressed in thousands of units per month) at the beginning of January) ble at the beginning of January)
MAY 250 200 20 100000 0 -150
JUN 50 200 20 100000 0 0
JUL 90 200 20 100000 110 0
AUG 160 200 20 100000 150 0
SEP 260 200 20 100000 90 0
OCT 390 200 20 100000 0 -100
NOV 240 200 20 100000 0 -140
DEC 60 200 20 100000 0 0
1200000 700 -490 2400
MAY 250 40 400
JUN 50 25 250
JUL 90 5 50
AUG 160 9 90
SEP 260 16 160
OCT 390 26 260
NOV 240 39 390
DEC 60 24 240
25 25 0 15 0 1500
5 5 0 20 0 2000
9 9 4 0 800 0
16 16 7 0 1400 0
26 26 10 0 2000 0
39 39 13 0 2600 0
24 24 0 15 0 1500
6 6 0 18 0 1800
240
12800 7800 20600
MAY 250 20 200 20 100000 5 37500
JUN 50 20 200 20 100000
JUL 90 20 200 20 100000
AUG 160 20 200 20 100000
SEP 260 20 200 20 100000 6
OCT 390 20 200 20 100000 19 142500
NOV 240 20 200 20 100000 4 30000
DEC 60 20 200 20 100000
1200000
45000
442500
1642500
150 -90
7000 9800 16800 1216800
1200000
1220600
1642500
Develop an aggregate plan using all the three pure strategies and select the best one.
Month Demand Forecast JAN 80 FEB 140 MAR 280 APR 300 MAY 200
The total annual demand from the above set of forecasts is 2040 units.
Additional Data Hiring cost: Rs.150 per worker hired Firing cost: Rs.100 per worker fired Regular pay: Rs.4000 per worker per month Overtime pay: 1.25 times regular pay Inventory carrying cost: Rs.10 per unit (based on end of month balances) Backorder cost: Rs.20 per unit (based on end of month shortage) Productivity: 10 units per worker per month (this has also been scaled down from wh Beginning workforce size: 20 workers (available at the beginning of January) Beginning inventory: 0 units (no inventory available at the beginning of January)
ategies and select the best one.
JUN 50 JUL 90 AUG 50 SEP 200 OCT 350 NOV 230 DEC 70
sts is 2040 units.
of month balances) h shortage) also been scaled down from what was originally expressed in thousands of units per month) he beginning of January) at the beginning of January)
