Once the managers agreed on the aggregate plan, they should not change it. O a. True O b. False
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Q: Capital Budgeting decisions involve commitment of Select one: O a. large sums of money O b. capital…
A: Option A is correct - large sum of money
Q: what is the strategy means vary production rates to meet changes in demand, it is often used when…
A: In general terms, strategy refers to the set of action plan devised by an organization in order to…
Q: Justify why aggregate planning is different when a business does not produce a tangible good
A: Aggregate planning is a methodology for forecasting the future volume and timing of demand (3-18…
Q: What is Baker's percentage of assets committed to inventory?
A: Given data Net revenue = $27,500 Cost of sales = $22,040 Inventory = $1290 Total assets = $16960
Q: Explain why aggregate planning is different when a business does not produce a tangible good
A: Aggregate planning is a technique for forecasting the volume and timing of future demand (3-18…
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A: The ROE is the return earned on investments in the equity component. It pertains to equity…
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Q: hase strategy is considered a sales and operations planning strategy such that: Select one: a.…
A: The chase strategy refers to the notion that you are chasing the demand set by the market.…
Q: Which of the following is NOT one of the proactive aggregate planning strategies options? O a. Hire…
A: The correct answer is
Q: Explain the Production Planning and Inventory?
A: Production planning and control is a fixed method that involves the use of human resources, raw…
Q: Explain how aggregate planning is different when thecompany does not provide a tangible product.
A: Aggregate planning is a technique for analysing the quantity and timing of demand in the future…
Q: How does revenue management impact an aggregateplan?
A: Aggregate planning refers to developing a plan for maintaining and scheduling all the internal…
Q: D. All of the above
A: Aggregate Planning StrategiesLevel Strategy. As the call suggests, stage method seems to preserve a…
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A: The filled answers are-
Q: Disaggregate an aggregate plan
A: Aggregate planning provides a common point at which capacity and inventory can be considered jointly…
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A: Thankyou for asking the question. Since you have posted a question with multiple sub-parts, we will…
Q: What is the managerial significance of aggregate planning. Explain
A: Below is the solution:-
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A: ANSWER IS AS FOLLOWS:
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A: Aggregate planning is a cycle to create, examine, and keep a timetable of the general activities of…
Q: Explain any 2 methods that is used when developing an Aggregate plan using a Chase strategy.
A: ANSWER: A chase strategy implies when there is matching demand period by period. A considerable…
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A:
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A: Aggregate planning is a production planning strategy that is also a marketing activity that is used…
Q: Which of the following is NOT one of the proactive aggregate planning strategies options? Select…
A: Which of the following is not one of the proactive aggregate planning strategy options? Hire and…
Q: Which of the following is NOT one of the proactive aggregate planning strategies options? O a.…
A: The purpose of aggregate planning is to plan in advance. It includes planning which entails the…
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A: Given, Overhaul expenses- $5000 Rate of Interest- 12% Time- 5-13 years
Q: Explain how an aggregate production plan is made.
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A: Note: As per the Bartleby guidelines, only the first thee parts have been answered.
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Q: What is the effect on inventory and capital needs of increased projections
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Q: A. By examining a supplier's capacity, technological resources, delivery strategies, and general…
A: Inventory management is the management in which stock is sourced, stored, and sold in the market.
Q: Develop a production plan and calculate the annual cost for a firm whose demand forecast is: fall,…
A: The factor rating method involves all qualitative and quantitative inputs, and it evaluates…
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Q: When there is no production, total cost is equal to total fixed cost. Select one: a. True b. False
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Q: Visit either a local manufacturer or service provider (or research one online). Determine how it…
A: Aggregate planning is the process of developing, analyzing, and maintaining a schedule of the…
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- Once the managers agreed on the aggregate plan, they should not change it. O a. True O b. FalseHow does revenue management impact an aggregateplan?Develop a level aggregate plan for the Draper Tax Companyif back orders are permitted.(a) Show what would happen if this plan were implemented.(b) Calculate the costs associated with this plan.(c) Evaluate the plan in terms of cost, customer service,operations, and human resources.
- A. When aggregate planning seeks to influence demand and supply, both the marketing and operations functions are involved. In this case, the goal is generally to find: a. A lower total cost plan b. A higher profit plan c. A higher sales revenue plan d. A lower cost of goods manufactured plan B. In a market situation where demand is exceeding supply, which from the following list would you generally work on first? a. Distribution b. Work force level c. Promotion d. PriceQ1) Evaluate each plan and find out which one is better in terms of total costs - Plan 1: for the manufacturer is to maintain a constant workforce throughout the 6-month period. we assume that the production per day is average requirements ( average production per day) and that we have a constant workforce, no overtime or idle time, no safety stock, and no subcontractors. The firm accumulates inventory during the slack period of demand, January through March, and depletes it during the higher-demand warm season, April through June. We assume beginning inventory = 0 and planned ending inventory = 0. - Plan 2: is to maintain a constant workforce at a level necessary to meet the lowest demand month ( February ) and to meet all demand above this level by subcontracting. Please use the following information : Inventory carrying cost $ 3 per unit per month Subcontracting cost per unit $17 per unit Average pay rate $10 per hour ($80 per day - 8 working hours per day)…A. Planners for a company that makes several models of skateboards are about toprepare the aggregate plan that will cover six periods. They now want toevaluate a plan that calls for a steady rate of regular output, mainly usinginventory to absorb the uneven demand but allowing some backlog. Overtimeand subcontracting are not used because they want a steady output. They intendto start with zero inventory on hand in the first period. Prepare an aggregate planand determine its cost using the following information. Assume a level of outputrate of 300 units per period with regular time. Note that the planned endinginventory is zero. There are 15 workers, and each can produce 20 units perperiod. Period 1 2 3 4 5 6 TotalForecast 200 200 300 400 500 200 1800 Cost Information:Regular time = $2 per skateboardOvertime = $3 per skateboardSubcontract = $6 per skateboardInventory = $1 per skateboard per period on…
- An investment proposal will have annual fixed costs of $60,000, varial costs of $35 per unit of output, and revenue of $55 per unit of output. i) Determine the break-even quantity. ii) What volume of output will be necessary for an annual profit of $60,000An investment proposal will have annual fixed costs of $60,000, variable costs of $35 per unit of output, and revenue of $55 per unit of output.(A) Determine the break-even quantity.(B) What volume of output will be necessary for an annual profit of $60,000?The term in the airline industry may be used to refer to s situation where an empty seat is recorded on a flight. Select one: a. Marginal cost b. Overhead cost c. Marginal loss d. Revenue loss Widner Industries reports annual sales of Ghc160 million, cost of goods sold of Ghc120 million, inventory of Ghc20 million, and net income of Ghc5 million. What is Widner's annual inventory turns? Select one: a. 8 turns per year b. 6 turns per year c. 0.17 turns per year d. 4 turns per year
- While preparing a flexible budget, direct material, direct labour and direct expenses are placed under which among the following head? a. Administration cost b. Semi variable cost c. Variable cost d. Fixed costa. Construct:i. ABC analysis by annual dollar usageii. ABC analysis by current inventory value(Performing the tables and charts in excel)b. Based on these analyses, do you think the firm is stocking the correct inventories?1. A firm practices a pure chase strategy. Production last quarter was 818. Demand over the next four quarters is estimated to be 975, 935, 886, and 968. Hiring cost is $19 per unit, and layoff cost is $6 per unit. Over the next year, what will be the sum of hiring and firing costs? 2. A firm practices a pure level strategy that sets the production level at the average demand over the next four periods. Inventory last quarter was 0. The extra units produced are stored in a warehouse. The extra units needed are subcontracted. Demand over the next four quarters is estimated to be 1041, 1019, 1188, and 1090. Production cost is $25 per unit, and Inventory cost is $4 per unit. What is the production level at this form?