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Chiv aggregateplanning

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Unformatted text preview: Aggregate Planning MGMT 36100 Operations Management (OM) Decision Strategic Tactical Operational OM Examples New Plants, Capacity Expansion, … Aggregate planning, Master Production Schedule planning, MRP, Detailed scheduling, … Ch IV: Aggregate Planning Ch Pl Obj Objective: to develop a feasible production plan on an aggregate to level based on demand, capacities, costs and other factors. Terminology: Planning horizon, planning strategy (chase, level), constraints, aggregate production plan (basic plan, adjustments, final plan). 1 2 Aggregate Planning Our approach Ex. 1. Calculate aggregate demand for each period. Ex. 1 and 2 2. 2. Preparing aggregate plan: a) Select a strategy and obtain the basic plan. strategy b) Make adjustments to satisfy policies (constraints) to get the Ex. final plan. Ex. 3, 4, 5 and 6. 3. 3. Prepare Budget: Break down the final plan (giving preference to Ex. least cost production method) and calculate costs. Ex. 6. 4. Budget improvement: Make further adjustments to improve Ex....
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