Question: 2 . Askov Finlayson, a local Minneapolis - based - winter outfit manufacturer, produces a line of winter parkas. There are currently 3 temporary employees
Askov Finlayson, a local Minneapolisbased winter outfit manufacturer, produces a line of winter parkas. There are currently temporary employees and fulltime employees to produce parkas. More temporary employees can be hired if additional production capacity is needed. Each full time employee can produce parkas, whereas each temporary employee can produce parkas per month. Demand for parkas for the next four months is as follows: October November December January i Beginning inventory in October is parkas. Each parka cost $ to produce and the annual holding cost is of the unit production cost. Develop an aggregate plan that uses the fulltime employees each month and a minimum number of temporary employees. Assume that all employees will produce at their full potential each month. points ii Calculate the inventory holding cost associated with your aggregate plan based on the planned end of month inventory ie ending inventory in each month points
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