A company believes that its demand for the next six months is as follows Total M

Question

A company believes that its demand for the next six months is as follows Total Month Demand 3,5007000000 70009500 13,0004.00 The output per worker per month is 125 units. The per worker hiring and lay off costs are S2,500 and S3,500, respectively There is no starting workforce is 105. It cost the company $10 to carry an item in inventory each month, and the stockout costs is estimated to be $25 per unit. Develop a level sales and operations plan for this firm. Develop the monthly production schedule and show the labor workforce and inventory levels. Finally, compute the cost of the plan. Construct the production table. Note that a negative beginning inventory denotes a stockout that is carred forward (enter your responses as whole numbers) Ending Stockouts Beginning Production Inventory Inventory Month 8,500

Explanation / Answer

Begin Inv= 0

Production= 8500

End Inv= 0

Stock out = 0

Level 1 Demand 8500 Begin Inv 0 Safety stock 0 Net req 8500 Days 30 Output Original workers 105 125 Workers 68 Production 8500 Closing inv 0 2500 Hire 0 3500 Fire 129500 300 Holding 0 Total cost 1050500 Obj Func Min

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