Togo makes riding lawn mowers and tractors. The companys expected quarterly demand is given below in the

Question:

Togo makes riding lawn mowers and tractors. The company’s expected quarterly demand is given below in the chart. The company will have 300 mowers in inventory at the beginning of the month and desires to maintain at least that number at the end of each month. Below is other critical data:

Production cost per unit = $200

Inventory Carrying cost per quarter per unit = $60 (based on ending inventory)

Hiring Cost per worker = $500

Firing cost per worker = $750

Beginning # of workers = 40

Each worker can produce 100 units per quarter

Complete the tables and calculate the cost of the two plans

Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...