Excel

Instructions:

Install the Solver for Excel by following these instruction.
(If you are using a Mac, you may not be able to install the Solver for Excel. But you can use the PCs in the computer lab in 54 Dodge or the library.)

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Download the Excel workbook entitled “Assignment 3” from Blackboard.

Set up the aggregate production plan. (Video 1)

Implement level and chase strategies. (Video 2)

Implement a hybrid strategy (Video 3)

(Note: Excel Solver is not the best optimization software. You may have to run Solver a few times

before you get a better solution. In some cases, Solver will not produce a better solution at all.)

Compare level and chase strategies. Which one has a lower total cost and why? Write one paragraph

explanation.

Compare level and hybrid strategies. Which one has a lower total cost and why? Write one paragraph

explanation.

Compare chase and hybrid strategies. Which one has a lower total cost and why? Write one paragraph

explanation

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