1. Calculate the total cost using Chase demand strategy starting with 4 workers (Use Table 1 for calculations) Month Days/month Demand Jan 24 Feb 18 5000 Mar 22 7500 April 23 May 22 8000 June 23 7000 4000 9000 2. Calculate the total cost using Level workforce strategy starting with 4 workers (Use Table 2 for calculations) Month Days/month Demand Jan 24 4000 Feb 18 5000 Mar 22 7500 April 23 9000 May 22 8000 June 23 7000 Use the data below for both the cases. Materials Holding costs Marginal cost of stock-out Hiring and training cost Layoff costs Labor hours required Straight time labor cost Beginning inventory Productive hours/worker/day Paid straight hrs/day $S/unit $1/unit per mo. $1.25/unit per mo. $200/worker $250/worker 15 hrs/unit $8/hour 200 units 7.25 8 . Table 1. Level Workforce Strategy Month Jan Feb Mar April May June Days/month 24 18 22 23 22 23 Hics/worker/month Units/worker $/worker Demand 4000 5000 7500 9000 8000 7000 Beginning inventory Net requirement Workers Production Ending Inventory Surplus Shortage Labor cost Material cost Storage cost Stock-out cost Total cost Table 1: Chase demand Strategy Month Jan Feb Mar April May June Days/month 24 18 22 23 22 23 Hics/worker/month Units/worker S/worker Demand 4000 5000 7500 9000 8000 7000 Beginning inventory Net requirement Reg. Workers Hired Fired Workforce Ending Inventory Material cost Labor cost Hiring cost Firing cost Actilate Win Total cost Go to Setting to 1. Calculate the total cost using Chase demand strategy starting with 4 workers (Use Table 1 for calculations) Month Days/month Demand Jan 24 Feb 18 5000 Mar 22 7500 April 23 May 22 8000 June 23 7000 4000 9000 2. Calculate the total cost using Level workforce strategy starting with 4 workers (Use Table 2 for calculations) Month Days/month Demand Jan 24 4000 Feb 18 5000 Mar 22 7500 April 23 9000 May 22 8000 June 23 7000 Use the data below for both the cases. Materials Holding costs Marginal cost of stock-out Hiring and training cost Layoff costs Labor hours required Straight time labor cost Beginning inventory Productive hours/worker/day Paid straight hrs/day $S/unit $1/unit per mo. $1.25/unit per mo. $200/worker $250/worker 15 hrs/unit $8/hour 200 units 7.25 8 . Table 1. Level Workforce Strategy Month Jan Feb Mar April May June Days/month 24 18 22 23 22 23 Hics/worker/month Units/worker $/worker Demand 4000 5000 7500 9000 8000 7000 Beginning inventory Net requirement Workers Production Ending Inventory Surplus Shortage Labor cost Material cost Storage cost Stock-out cost Total cost Table 1: Chase demand Strategy Month Jan Feb Mar April May June Days/month 24 18 22 23 22 23 Hics/worker/month Units/worker S/worker Demand 4000 5000 7500 9000 8000 7000 Beginning inventory Net requirement Reg. Workers Hired Fired Workforce Ending Inventory Material cost Labor cost Hiring cost Firing cost Actilate Win Total cost Go to Setting to