A company has predicted the following demands for the next six months: A single worker working for
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A single worker working for one month can produce 125 units. The beginning workforce is 50 workers. It costs the company $1500 to hire one worker, and it costs the company $2500 to lay off a worker. The cost to carry an item is $15 per unit per month. The stockout cost is estimated to be $40 per unit.
Develop a chase 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.
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Related Book For
Managing Supply Chain and Operations An Integrative Approach
ISBN: 978-0132832403
1st edition
Authors: Thomas Foster, Scott E. Sampson, Cynthia Wallin, Scott W Webb
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