Review your solution carefully and be prepared to defend it. Bring a printout of your solution to the class.

The terminventoryrefers to both the raw materials utilized in manufacturing and the finished commodities that are ready for sale. Stock control enables firms to reduce inventory expenditures by producing as well as receiving items on an as-needed approach.

We produced the following aggregate plan with the following constraints for the optimal solution (to achieve the high management aim of having a safety stock):

1. The lines can have a value of 9 or 10. Due to the obvious learning curve, it is advisable to leave 10 lines.
2. Overtime is limited to one or two hours.
3. The final stock (safety inventory) for each period must be equal to or greater than the average of the stock levels in the four periods. This average is 367, as well as the constraints used, must ensure it.

The overall cost of the plan is $3,305,024 (10-0, 10-0, 10-1, and 10-2).

Highlight Color Code: Light Blue (#1478C8)

The excel sheet is shown below:

We may set our constraints to fit the manufacturing needs; it must be the cheap cost but also meet all top management criteria.