Essay Available:
Pages:
4 pages/≈1100 words
Sources:
1 Source
Style:
APA
Subject:
Management
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 20.74
Topic:
Red Tomatoe: Stockouts As Demand Fluctuation Increased
Coursework Instructions:
What happened to the use of subcontractors as holding costs increased? What happened to profits? What did you learn from this exercise?
Note: Use the “Solver” capability under the ”Tools” menu for the above three exercises.
*Note on using the “Solver" Add-In:The Solver Add-in is an Excel add-in program that is available when you install Microsoft Office or Excel. To use it in Excel, however, you need to load it first. You should have completed doing so in Module 3.
Coursework Sample Content Preview:
Red Tomatoes
Author Name
Institution Affiliation
Exercise 1: What happened to stockouts as demand fluctuation increased? What happened to profits? What did you learn from this exercise?
When the demand fluctuation increased, we could see that the stockouts also increased tremendously (2015). This indicates that having accurate demand forecasting is what we have to pay attention to so that the production is set and met appropriately.
Aggregate Plan Decision Variables
Constraints
HHt
Lt
Wt
Ot
It
St
Ct
Pt
PPeriod
#Hired
# Laid off
# Workforce
Overtime
Inventory
Stockout
Subcontract
Production
Demand
Price
Workforce
Capacity
Inventory
Over time
0
0
0
80
0
1,000
0
0
1
0
23
57
0
1,667
0
0
2,267
1600
40
0
0
0
567
2
0
0
57
0
933
0
0
2,267
3000
40
0
0
0
567
3
0
0
57
0
0
0
0
2,267
3200
40
0
0
0
567
4
0
0
57
0
0
67
1,467
2,267
3800
40
0
0
0
567
5
0
0
57
0
0
0
0
2,267
2200
40
0
0
0
567
6
0
0
57
0
500
0
433
2,267
2200
40
0
0
0
567
0
586
10
271
Aggregate Plan Costs
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