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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