Case AnalysisBased on this case answer the following questions:What strategies used in this case do you believe can be used by other organizations?If you had to consult with this organization, what 3 recommendations would you offer them on what to learn from this incident and apply it to subsequent issues with which they are dealing?Identify 3 reasons you believe board members shifted into “true governance.”Your paper should be a minimum of 3 pages and formatted according to APA style.LINK for CASE STUDYhttps://bcnm.rmu.edu/Consulting/CaseStudies/CaseStudyStrategicPlanning

we stated that an "aggregate plan will include the quantity and timing of production for the intermediate future (typically 3-18 months ahead).” Some factors such as demand, pay rate, and the ability to use overtime or subcontract some of the production must be taken into consideration to keep the total cost of production as low as possible.You have been asked to build the aggregate planning schedule for your factory for the next six months and to determine the best option.This chart provides the variables and cost for each variable.VariablesCostInventory carrying cost$6 per unit per monthSubcontracting cost$25 per unitAverage pay rate$12.50 per hour (8 hours per day)Overtime pay rate$18 per hour (above 8 hours per day)Labor-hours needed to produce one unit1.5 hours per unitUnits per day produced50Beginning inventory0Planned ending inventory0Lost sales per unit$100 This chart provides the demand for the product and the number of production days per month.MonthsDemandProduction DaysJanuary120022February80018March60021April150021May140022June130020 Complete the steps in each section and then submit your assignment for grading. Submit one spreadsheet containing a tab for each step.Step 1: Prepare Your Aggregate PlanUse the Excel OM Aggregate Planning spreadsheet and the data to prepare your aggregate plan. Produce a graph of your plan. The intent is to use a level strategy (or level scheduling) with no overtime, no safety stock, and no subcontractors.Hint 1 - Need to consider that it takes 1.5 hours to produce a unit when determining your cost per unit for average and overtime pay.Hint 2 - To determine regular time production, you need to multiply the units per day produced by the number of production days.Step 2: Update Your Aggregate Plan Using OvertimeIn the plan produced in Step 1, the production rate did not meet the total demand. If you were able to use overtime to meet the shortfall, what would your aggregate plan look like?Use the Excel OM Aggregate Planning spreadsheet and the data to prepare an updated aggregate plan.Step 3: Update Your Aggregate Plan Using OutsourcingInstead of paying overtime, you might be able to outsource the shortfall in production. Use the Excel OM Aggregate Planning spreadsheet and the data to prepare an updated aggregate plan using outsources instead of paying overtime.Step 4: Summarize and SubmitOn a fourth tab of the spreadsheet, summarize your cost and determine which of the three options produces the lowest overall cost.Submit one spreadsheet containing a tab for each step.