Question: 2 . Askov Finlayson, a local Minneapolis - based - winter outfit manufacturer, produces a line of winter parkas. There are currently 3 temporary employees

2. Askov Finlayson, a local Minneapolis-based- winter outfit manufacturer, produces a line of winter parkas. There are currently 3 temporary employees and 12 full-time employees to produce parkas. More temporary employees can be hired if additional production capacity is needed. Each full time employee can produce 205 parkas, whereas each temporary employee can produce 165 parkas per month. Demand for parkas for the next four months is as follows: October November December January 3,2002,8003,1003,000 i. Beginning inventory in October is 403 parkas. Each parka cost $40 to produce and the annual holding cost is 24% of the unit production cost. Develop an aggregate plan that uses the 12 full-time employees each month and a minimum number of temporary employees. Assume that all employees will produce at their full potential each month. (15 points) ii. Calculate the inventory holding cost associated with your aggregate plan based on the planned end of month inventory (i.e., ending inventory in each month).(5 points)

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