Question: 13B-13. Can someone show me how to do this problem? Will rate a thumb up for good response thanks so much (PLEASE CIRCLE OR HIGHLIGHT

13B-13. Can someone show me how to do this problem?

Will rate a thumb up for good response thanks so much (PLEASE CIRCLE OR HIGHLIGHT final answer thx)

13B-13. Can someone show me how to do this13B-13. Can someone show me how to do this

The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: January 1,400 May 2,100 February 1,500 June 2,100 March 1,600 July 1,900 April 1,700 August 1,900 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 strategy that produces 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 $55 per unit. The cost of laying off workers is $80 per unit. Evaluate this plan. (Enter all responses as whole numbers.) Note: Both hiring and layoff costs are incurred in the month of the change. For example, going from 1,600 in January to 1,400 in February incurs a cost of layoff for 200 units in February. Note: Both hiring and layoff costs are incurred in the month of the change. For example, going from 1,600 in January to 1,400 in February incurs a cost of layoff for 200 units in February. Hire (Units) Layoff (Units) Ending Inventory 200 Stockouts (Units) Period Month 0 December 1 January 2 February 3 March 4 April May Demand 1,600 1,400 1,500 1,600 1,700 2,100 2,100 1,900 1,900 Production 1,600 1,600 1,400 1,500 1,600 1,700 2,100 2,100 1,900 5 6 June 7 July August 8 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 bor costs, is = $ (Enter your response as a whole number.)

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