JOURNAL OF RESEARCH IN NATIONAL DEVELOPMENT VOLUME 2
NO 2, JUNE, 2004
ANALYSIS OF AGGREGATE PRODUCTION PLANNING
ALTERNATIVES IN A DEPRESSED ECONOMY
E. C. UBANI
DEPARTMENT OF PROJECT MANAGEMENT TECHNOLOGY, FUTO
This paper analyses and compares the alternatives aggregate production planning methods with respect to total cost of production and customers satisfactions in the manufacturing sector, intermediate range production plans determine aggregate capacity while considering employment, machine capacity, inventory level and sub contractor plans.
Secondary data used for this study were obtained from the Nigerian mineral water (NMWI) limited, Onitsha Nigeria. The two methods of aggregate planning; level capacity and chase strategy, were used for comparative analysis of data; so as to determine the method that will best and most economically withstand the present realities in the country.
The total annual operating cost for each method were estimated and highlighted. Though level capacity plan shows a lower cost index, the tow methods have their respective merits and demerits. A better choice is therefore a matter of judgment that will result from analysis and evaluation of the two methods with respect to total operations cost.
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