(Solved): what is the level aggregate plan and what is the chase aggregate plan ? Manager of Plum Engines must ...

Manager of Plum Engines must develop an aggregate plan given the forecast for engine demand shown in the table below. The department has a regular output capacity of 150 engines per period, and the overtime capacity is 25 engines per period. Regular output has a cost of \( \$ 30 \) per engine. Overtime has a cost of \( \$ 50 \) per engine. Subcontracting has a cost of \( \$ 75 \) per engine: Inventory holding and backorder costs are \( \$ 3 \) and \( \$ 35 \) per unit per period, respectively. The beginning inventory is zero engines. 1. Create a level aggregate plan and calculate total costs for the eight-period time horizon. You may plan overtime production and subcontracting as necessary. 2. Create a chase aggregate plan and calculate total costs for the eight-period time horizon. You may plan overtime production and subcontracting as necessary. Level Strategy: Chase Strateov: