Assignment:
Create a semiannual production plan for your new business idea, product, or service using notional demand and inventory data. This initial production plan is based on the toys & games market estimates of what you intend to sell and produce for the company Amazon.
Create a production plan that is supported by your market forecasts, and that is the purpose of this assignment.
Prompt: The plan should be submitted in a basic tabular (spreadsheet) format. It must include the following:
Estimate the labor hours consumed.
Estimate the number of worker requirements considering a standard work week, current inventory levels, receipts of new inventory during each month, and varying demand levels for each month of production.
Specifically, the following critical elements must be addressed:
Create a semiannual production plan using notional demand and inventory.
Estimate the labor hours consumed.
Estimate the number of worker requirements considering a standard work week, current inventory levels, receipts of new inventory during each month, and varying demand levels for each month of production.
Paper Requirements: This short paper should adhere to the following formatting requirements: it is submitted as a Word document, 1 to 2 pages (not including title and reference pages), double-spaced, using 12-point Times New Roman font and one-inch margins. All APA citations should reference at least two additional resources.