In this chapter, we give you the cost of producing a product and other inputs that are used in the analysis. Do you think most companies find it easy to determine the cost of producing a product? What...

In this chapter, we give you the cost of producing a product and other inputs that are used in the analysis. Do you think most companies find it easy to determine the cost of producing a product? What difficulties might arise?

Discuss how the aggregate planning model could be extended to handle a company that produces several products on several types of machines. What information would you need to model this type of problem?