Aggregate Planning. Planning Process. Aggregate. Capacity options. Demand options. Five questions of aggregate planning. Scheduling Decisions



Similar documents
Demand forecasting & Aggregate planning in a Supply chain. Session Speaker Prof.P.S.Satish

TEACHING AGGREGATE PLANNING IN AN OPERATIONS MANAGEMENT COURSE

Production Planning & Control. Chapter 2. Aggregate Planning & Master Production Scheduling. Chapter2 1

1 Aggregate Production Planning

ASPECTS OF AGGREGATE PLANNING. Aggregate planning focuses on intermediate-rang production planning problems.

AGGREGATE & CAPACITY PLANNING

Universidad del Turabo MANA 705 DL Workshop Eight W8_8_3 Aggregate Planning, Material Requirement Planning, and Capacity Planning

Yield Management Literature review

Planning and Scheduling Operations in Dynamic Supply Chain

MOS 3330 Test 2 Review Problems & Solutions

Service Management Managing Capacity

LECTURE 1 SERVICE CAPACITY MANAGEMENT

LECTURE - 2 YIELD MANAGEMENT

Demand

Management of Uncertainty In Supply Chain

Flexible Labour Markets. A2 Economics Presentation 2005

Operations Management

Chapter 15: Pricing and the Revenue Management

Supply Chain Management (3rd Edition)

Linear Programming Supplement E

Back-office system for Tour Operators Odyssea Inventory handling and accounting system of tourist organization

Production Planning. Chapter 4 Forecasting. Overview. Overview. Chapter 04 Forecasting 1. 7 Steps to a Forecast. What is forecasting?

Solution-Driven Integrated Learning Paths. Make the Most of Your Educational Experience. Live Learning Center

Operations Management Study Guide

Keywords revenue management, yield management, genetic algorithm, airline reservation

Risk Analysis Overview

Managing capacity Nissan cuts production

CHAPTER 10 CAPACITY MANAGEMENT DAVID A. COLLIER AND JAMES R. EVANS. OM, Ch. 10 Capacity Management 2009 South-Western, a part of Cengage Learning

36106 Managerial Decision Modeling Revenue Management

Yield Management In The Airline Industry

AIRLINE REVENUE MANAGEMENT IN A CHANGING BUSINESS ENVIRONMENT

CHAPTER 6 AGGREGATE PLANNING AND INVENTORY MANAGEMENT 명지대학교 산업시스템공학부

E-Commerce in Airline Business Paper presented at the International Symposium on Government in E-Commerce Development Ningbo, China April 23-24, 2001

Operations Management. 3.3 Justify the need for Operational Planning and Control in a selected Production Process

School of Management and Languages Capacity Planning

Improved Forecast Accuracy in Airline Revenue Management by Unconstraining Demand Estimates from Censored Data by Richard H. Zeni

DEMYSTIFYING PRICE OPTIMIZATION:

Telephone Traffic Queues in a Customer Call Center. A Thesis. Presented for the. Master of Science Degree. The University of Tennessee at Chattanooga

LECTURE - 3 RESOURCE AND WORKFORCE SCHEDULING IN SERVICES

A Cross-Functional View of Inventory Management, Why Collaboration among Marketing, Finance/Accounting and Operations Management is Necessary

Outline PRODUCTION/OPERATIONS MANAGEMENT P/OM. Production and Operations. Production Manager s Job. Objective of P/OM

Industry Environment and Concepts for Forecasting 1

Inventory Management: Fundamental Concepts & EOQ. Chris Caplice ESD.260/15.770/1.260 Logistics Systems Oct 2006

A Strategic Capacity Planning Model: A Genetic Algorithm Approach

Using Revenue Management in Multiproduct Production/Inventory Systems: A Survey Study

TOURISM AND HOSPITALITY SECTOR IN TORONTO

INVENTORY MANAGEMENT. 1. Raw Materials (including component parts) 2. Work-In-Process 3. Maintenance/Repair/Operating Supply (MRO) 4.

THE STATE OF THE ECONOMY

Revenue Management for Transportation Problems

Airlines Industry Yield Management. Ken Homa

Working Capital Management Nature & Scope

Anytime 500 Forecast Modeling

IT-375 using the 6 th Edition PRODUCTION AND INVENTORY CONTROL CHAPTER 1: INTRODUCTION TO MATERIALS MANAGEMENT

Analysis of Aggregate Planning for Development. Strategy: Case Study of Gasoline Distribution. Company in Indonesia

capital. Stock Management System of Mcdonald s and benefits

THE FACTORS THAT INFLUENCES REVENUE MANAGEMENT POLICY. Cătălin PETRUŞ 1 Livia TOANCĂ 2

Job Manager for Metal Fabrication

2 Organizations and Organizational Structures 2.1 Functional and Project Organizations, Typical Goals and Performance Measures

Workforce Planning: Strategic Insourcing Is Your Competitive Advantage!

MGT Exam 2 Formulas. Item $ Usage % of $ usage Cumulative % of $ Cumulative % of no. of items Class

A Look At Cargo Revenue Management

Mudie & Pirrie, Services Marketing Management, 3/e. This chapter has been designed to provide the reader with a clear understanding of:

Aligning Supply Chain Strategies with Product Uncertainties. Lee, Hau L. California Management Review, Vol. 44, No. 3, (2002) pp.

Forecasting the first step in planning. Estimating the future demand for products and services and the necessary resources to produce these outputs

AT&T Global Network Client for Windows Product Support Matrix January 29, 2015

Workforce Management with SP-EXPERT. Discover version 15!

MATERIALS MANAGEMENT. Module 9 July 22, 2014

Mobile Application Development Projects

YIELD MANAGEMENT SMART STRATEGIES FOR GAINING WALLET SHARE

Job Manager for Tool and Die Shops

GESTION DE LA PRODUCTION ET DES OPERATIONS PICASSO EXERCICE INTEGRE

INVENTORY MANAGEMENT, SERVICE LEVEL AND SAFETY STOCK

Supply Chain Performance Achieving Strategic Fit and Scope. Bent Steenholt Kragelund

How To Manage Revenue Management In Danish Hotels

I. Introduction to Aggregate Demand/Aggregate Supply Model

CHAPTER 05 STRATEGIC CAPACITY PLANNING FOR PRODUCTS AND SERVICES

Outline: Demand Forecasting

The Economic Impact of Commercial Airports in 2010

A proposed Decision Support Model for Hotel Revenue Management

Functional Skills Mathematics Assessment Level 2

A REVENUE MANAGEMENT FRAMEWORK FOR APPOINTMENT ALLOCATION IN REHABILITATION OUTPATIENT CLINICS. A Thesis by. Raghunandan Yedehalli Venkataramu

Energy Savings from Business Energy Feedback

Indian School of Business Forecasting Sales for Dairy Products

Basics of inventory control

3 SYSTEMS DESIGN AND CAPACITY

Low Fare Search. Quick Reference BENEFITS O V E R V I E W

CHAPTER 19 (FIN MAN); CHAPTER 4 (MAN) COST BEHAVIOR AND COST-VOLUME-PROFIT ANALYSIS

Towards the 7 th heaven of Revenue Management

Case Study on Forecasting, Bull-Whip Effect in A Supply Chain

forecast modeling Statistical Calculations, Replacement Items, and Forecast Templates for Demand Planning Industries Required Modules:

Construction Economics & Finance. Module 6. Lecture-1

CHAPTER 11 FORECASTING AND DEMAND PLANNING

MBA350 INTEGRATIVE CAPSTONE COURSE

Supply & Demand Management

Transcription:

Aggregate Planning Planning Process Scheduling Decisions Operations Management Chapter 13 Short range Medium range Long range Chris Schrage OPS 13 2 Aggregate Combining appropriate resources into general or overall terms Disaggregation Breaking up components of aggregate plan into detailed aspects Five questions of aggregate planning Should inventories be used to absorb changes in demand during the planning period? Should changes be accommodated by varying the size of the workforce? Should part-timers be used, or should overtime and idle time absorb fluctuations? Should subcontractors be used on fluctuating orders so a stable workforce can be maintained? Should prices or other factors be changed to influence demand? Chris Schrage OPS 13 3 Chris Schrage OPS 13 4 Capacity options Changing inventory levels Varying workforce size by hiring/layoffs Varying production rates through overtime or idle time Subcontracting Using part-time workers options Influencing demand Back ordering during high-demand periods Counter-seasonal product and service mixing Chris Schrage OPS 13 Chris Schrage OPS 13 6 1

Mixing Options Chase strategy Hire & fire employees to meet demand levels Level strategy Maintain constant level of company employees Aggregate Planning Methods Graphical and Charting Method Transportation Method of Linear Programming Look for OPTIMAL solution Management Coefficients Use of heuristics Others LDR- optimum production rate and workforce size for specific period Simulation----OPSIM Chris Schrage OPS 13 7 Chris Schrage OPS 13 8 Graphical and Charting Method Easiest to Use Many solutions not choose optimal solution Chris Schrage OPS 13 9 Power s Ladder Manufacturing Expected 8 9 9 8 Days Chris Schrage OPS 13 1 84 246 per day Daily Expected 8 9 9 8 Days Chris Schrage OPS 13 11 per day Average requirement= 84/246 = 34 per day 23 34 29 34 32 4 43 43 4 32 3 34 4 4 3 3 2 1 1 Chris Schrage OPS 13 12 Average requirement= 84/246 = 34 per day 2

Cost Information Backorder (shortage) per ladder $1 per month carrying $3 per month Present work force- ladders/ month Cost is $ 7 per ladder at /mo. Cost is $7 for each ladder OVER /mo. If less than ladders/mo. Cost is $82 per ladder Constant workforce level 34 units/day forecast Change Chris Schrage OPS 13 13 Chris Schrage OPS 13 14 Calculations Additional Costs 34 units/day 748 612 748 68 68 748 68 612 $3832 forecast 8 9 9 8 units over per month @$ = $ Change +248 +12 +114 +14 +48-1 -6-6 -1 +48 +8 +12 248 26 374 388 436 316 13-6 -176-128 -48-36 $1,896 444 units shortage @ $1/unit = $4,44 2 units carried @ $3 per unit = $646 Lenova Computer, Ltd Beginning inventory 1 units Stockout $ per unit Cost $1 per unit based on count at month s end Sub-contracting $4 extra per unit Maximum of 1 extra units per month Maximum of units per month $1 extra per unit 236 units Chris Schrage under OPS 13 per month @$12 = $2832 Chris Schrage OPS 13 16 1 14 1 Plan 1- Produce at /month and subcontract to meet demand Plan 2- produce at / month and use overtime to meet demand Plan 1 Beginning = 1 Plan 2a Beginning = 1 production +3 3 Subcontrator Total 3 + Total +3 3 +1 3 14 1 +1 +1 8 4 8 1 14 1-1 -1 14 2 Chris Schrage OPS 13 17 $ per unit stockout Chris Schrage OPS 13 3

Plan 2b Beginning = 1 Plan 3 Beginning = 1 14 1 production + +1 Overti me Total 4 8 14 1 +4 + +4 +3 +1 +1 4 4 3 Total 4 9 1 1 Chris Schrage OPS 13 19 Chris Schrage OPS 13 Plan comparison Transportation Model Plan Plan 1 Plan 2a Plan 2b Plan 3 Cost $, $, $12, $, Method of linear programming Attempts to find the optimal solution The Schedule-Sequencing Problem Edward H. Bowman Operations Research, Vol. 7, No. (Sep. - Oct., 199), pp. 6-624 Assembly-Line Balancing by Linear Programming E. H. Bowman Operations Research, Vol. 8, No. 3 ( - Jun., 196), pp. 38-389 Chris Schrage OPS 13 Chris Schrage OPS 13 Transportation Table Transportation Table Allocate production capacity to meet demand at a minimum. Assume the initial inventory has no holding in the initial period To From 1 2 3 Excess Supply Initial 1 1 1 2 2 2 3 3 3 Chris Schrage OPS 13 23 Period 1 2 3 3 3 3 Initial 1 12 1 Regular-time /unit /unit Subcontract /unit Carrying /unit-month Subcontract 4 Chris Schrage OPS 13 24 $1 $1 $ $4 Forecast 4 units 4

Results To From 1 2 3 Excess Time Supply Initial 4 8 1 14 1 1 3 1 14 1 1 1 4 8 1 1 14 2 3 3 1 14 2 7 12 4 2 1 3 3 3 1 3 1 1 3 DEMAND 4 4 32 29 4 Total Cost $11,79 Chris Schrage OPS 13 2 Transportation Table Allocate production capacity to meet demand at a minimum. No initial or ending inventory. Period 1 2 3 4 Regular Time 23 2 29 3 24 26 24 Initial Regular-time /unit /unit Subcontract /unit Carrying /unit-month Subcontract 12 1 1 17 units $98 $131 $1 $1 Forecast 2 294 3 31 Chris Schrage OPS 13 26 To To 1 2 3 4 From Excess Time Supply 1 1 1 2 2 2 3 3 3 4 4 4 DEMAND From 1 2 3 4 Excess Time Supply Regular 1 128 Time 98 1 23 23 131 141 11 161 1 1 1 1 1 12 12 98 1 2 2 2 131 141 11 2 24 24 1 1 1 2 1 1 98 3 29 29 131 141 3 26 26 1 1 3 1 1 98 4 3 3 131 4 1 23 24 1 4 17 17 DEMAND 2 294 3 31 62 27,67 3,11 327, 296,81 TOTAL 1,6,81 TOTAL Chris Schrage OPS 13 27 Chris Schrage OPS 13 28 Services Cost of labor is Critical Assure response to customer needs Allow for on-call resources Flexibility in skill base Personal flexibility for work scheduling Restaurants Smoothing production rate Appropriate workforce size Chris Schrage OPS 13 29 Chris Schrage OPS 13 3

Small service industries Copyworks H&R Block Airline Industry Flights in and out Number of flights Number of passengers serviced Air and ground personnel Fare allocation Chris Schrage OPS 13 31 Chris Schrage OPS 13 32 Yield Management Revenue management Attempt to maximize profit (or yield) In response to perish-ability of service offerings Characteristics Can be sold in advance of consumption fluctuates Capacity if relatively fixed can be segmented Variable s low-fixed s high Yield management issues Multiple pricing structures Forecasts of use and duration of the use Changes in demand Chris Schrage OPS 13 33 Chris Schrage OPS 13 34 Yield Management Matrix Price Tend to be fixed Tend to be variable Duration of Use Predictable Unpredictable Quadrant 1 Movies Convention centers Quadrant 3 Restaurants Golf courses Quadrant 2 Hotels Airlines Quadrant 4 Nursing homes Rehabilitation centers Chris Schrage OPS 13 3 6