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 8

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 8 20 Materials $1,800 - $550 Holding costs = Marginal cost of backorder $800 Hiring and training cost = $500 Layoff costs = $800 Straight time labor cost/hr. $30 Feb Mar Apr May June 715 675 985 1,125 575 35 0 5 20 15 Chase Strategy Jan Demand 575 Beginning Inv. 50 Net Requirements Beginning 15 Workers Hired 10 Fired 1 525 680 675 980 1,105 560 14 17 17 25 28 3 0 8 3 0 0 0 0 0 14 17 17 25 28 14 680 680 1,000 1.120 560 Reg. Workers 14 Production 560 Ending 35 Inventory Material Cost Backorder Cost 0 5 20 15 lo Labor Cost What is the total backorder cost? Less than 0 Greater than Equal to 0

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