Question: 15 50 7 Beginning Workers Beginning inventory = Productive hours/worker/day = Units per worker per month Paid hours/worker/day - Working days in month 40 20

15 50 7 Beginning Workers Beginning inventory = Productive hours/worker/day = Units per worker per month Paid hours/worker/day - Working days in month 40 20 $1,800 Materials - Holding costs Marginal cost of backorder $550 $800 Hiring and training cost = $500 Layoff costs = $800 Straight time labor cost/hr. $30 Mar Feb 715 35 Apr 985 5 May 1.125 675 0 June 575 15 20 680 675 980 1.105 560 14 17 17 25 28 3 0 0 Chase Strategy Jan Demand 575 Beginning Inv. 50 Net 525 Requirements Beginning 15 Workers Hired 0 Fired 1 Reg. Workers 14 Production 560 Ending 35 Inventory Material Cost Backorder Cost Labor Cost 8 0 3 0 0 14 0 17 6B0 28 17 680 25 1.000 1.120 560 0 0 5 20 15 What is the total labor co

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