25 Jul Operations Management assignment
| GRADED ASSIGNMENT 2 | ||||||||||||||
| Directions: | ||||||||||||||
| 1. Complete the following two problems, save your work, then submit your saved spreadsheet to Moodle by the due date and time. | ||||||||||||||
| 2. Do not change the name of this file when you save your work. The file should be called “Graded Assignment 2.xls”. | ||||||||||||||
| 3. To facilitate grading, please do not delete or insert ROWS. | ||||||||||||||
| 4. Do your own work. Students submitting substantially identical spreadsheets receive a grade of zero. | ||||||||||||||
| 5. If you have questions, see me or email me at bberkle@calstatela.edu. | ||||||||||||||
| Inventory holding cost (per unit per month) | $1.00 | |||||||||||||
| Hiring cost (per worker hired): | $5,000.00 | |||||||||||||
| Firing cost (per worker fired): | $5,000.00 | |||||||||||||
| Straight-time labor cost (per worker per month): | $2,000.00 | |||||||||||||
| Overtime cost (per worker per month) | $4,000.00 | |||||||||||||
| Production per worker per month | 100 | |||||||||||||
| Present permanent workforce: | 60 | (The number of workers must be an INTEGER.) | ||||||||||||
| Beginning inventory in January: | 400 | |||||||||||||
| a. Use Microsoft Excel Solver to find the least-cost CHASE aggregate production plan with a CONSTANT workforce. Workers may be hired or fired only at the beginning of January. Vary production using overtime. Your Solver setup will be GRADED. (20 points) | ||||||||||||||
| January | February | March | April | May | June | July | August | September | October | November | December | |||
| Shipment Forecast | 5000 | 6000 | 8000 | 10000 | 12000 | 8000 | 4000 | 6000 | 8000 | 12000 | 6000 | 3000 | ||
| Aggregate Production Plan | ||||||||||||||
| Straight-Time Production | ||||||||||||||
| Overtime Production | ||||||||||||||
| Output Plan: | ||||||||||||||
| Beginning Inventory | 400 | |||||||||||||
| Shipments | 5000 | 6000 | 8000 | 10000 | 12000 | 8000 | 4000 | 6000 | 8000 | 12000 | 6000 | 3000 | ||
| Ending Inventory | ||||||||||||||
| Input Plan: | ||||||||||||||
| Number of Workers | ||||||||||||||
| Hires | ||||||||||||||
| Fires | ||||||||||||||
| Overtime (worker-months) | ||||||||||||||
| Costs: | ||||||||||||||
| Inventory Holding Cost | ||||||||||||||
| Straight-Time Labor Cost | ||||||||||||||
| Hiring Cost | ||||||||||||||
| Firing Cost | ||||||||||||||
| Overtime Cost | ||||||||||||||
| Total Plan Cost | ||||||||||||||
| b. Find the least-cost LEVEL aggregate production plan with a CONSTANT workforce. Workers may be hired or fired only at the beginning of January. DO NOT USE SOLVER. The Solver setup for question (a) will be graded. (20 points) | ||||||||||||||
| January | February | March | April | May | June | July | August | September | October | November | December | |||
| Shipment Forecast | 5000 | 6000 | 8000 | 10000 | 12000 | 8000 | 4000 | 6000 | 8000 | 12000 | 6000 | 3000 | ||
| Aggregate Production Plan | ||||||||||||||
| Straight-Time Production | ||||||||||||||
| Overtime Production | ||||||||||||||
| Output Plan: | ||||||||||||||
| Beginning Inventory | 400 | |||||||||||||
| Shipments | 5000 | 6000 | 8000 | 10000 | 12000 | 8000 | 4000 | 6000 | 8000 | 12000 | 6000 | 3000 | ||
| Ending Inventory | ||||||||||||||
| Input Plan: | ||||||||||||||
| Number of Workers | ||||||||||||||
| Hires | ||||||||||||||
| Fires | ||||||||||||||
| Overtime (worker-months) | ||||||||||||||
| Costs: | ||||||||||||||
| Inventory Holding Cost | ||||||||||||||
| Straight-Time Labor Cost | ||||||||||||||
| Hiring Cost | ||||||||||||||
| Firing Cost | ||||||||||||||
| Overtime Cost | ||||||||||||||
| Total Plan Cost |
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