Question: 1. Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales

1. Her operations manager is considering a new

1.
Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales is $100 per unit. Inventory holding cost is $20 per unit per month. Ignore any idle-time costs. The plan is called plan A. Plan A: Vary the workforce level to execute a "chase" strategy by producing the quantity demanded in the prior month. The December demand and rate of production are both 1,600 units per month. The cost of hiring additional workers is $50 per unit. The cost of laying off workers is $75 per unit. Evaluate this plan. (Enter all responses as whole numbers.) The total cost of hirings =$. (Enter your response as a whole number.) The total cost of layoffs =$. (Enter your response as a whole number.) The total inventory carrying cost =$ (Enter your response as a whole number.) The total stockout cost =$ (Enter your response as a whole number.) The total cost, excluding normal time labor costs, is =$ (Enter your response as a whole number.)

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