Refer to Solved Problem 1. Prepare an aggregate plan that uses some combination of laying off ($100

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Refer to Solved Problem 1. Prepare an aggregate plan that uses some combination of laying off ($100 per worker), subcontracting ($8 per unit, maximum of 20 units per period, must use for three consecutive periods), and overtime ($9 per unit, maximum of 25 per period, maximum of 60 for the planning horizon). Compute the total cost, and compare it with any of the other plans you have developed. Which plan has the lowest total cost? Assume you start with 21 workers.
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Operations Management

ISBN: 9780073525259

11th Edition

Authors: William J. Stevenson

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