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Unformatted text preview: Mgmt 361 Homework 3 (15 points total) Question 1 (3 points) Use a Chase Strategy to create a feasible plan for months May - Oct. Total production capacity = 5,000 units a month. There is a beginning inventory of 1000 units. Hard Constraints: 1.) Cannot exceed capacity. 2.) Must have at least 100 in inventory at the end of September. 3.) No shortages are permitted. 4.) Must have exactly 50 units of inventory at the end of the planning horizon. Consider the constraints one at a time in the order presented. Make one adjustment at a time. Chase Strategy April May June July Aug. Sept. Oct. Demand- 4000 4800 5600 5000 6400 2000 Basic Plan Inventory Adjustment 1 Inventory Adjustment 2 Inventory Adjustment 3 Inventory Adjustment 4 Inventory Question 2 (3 points) Use a Level Strategy to create a feasible plan for months May - Oct. Total production capacity = 3050 units a month. There is a beginning inventory of 600 units. Hard Constraints: 1.) No shortages are permitted....
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- Spring '10
- Management, Inventory Adjustment, Regular OT Sub-Contr