Question: 3) Answer the following questions applying the Constant Workforce strategy with No Late Orders allowed assuming: one daily shift of 8 hours, a $10 hour

3) Answer the following questions applying the Constant Workforce strategy with No Late Orders allowed assuming: one daily shift of 8 hours, a $10 hour salary, a hiring cost of $400, a firing cost of $500, a storage cost of $10 , and a late order cost of $20.

January

February

March

April

May

June

Total

1

Days

21

20

23

21

22

22

129

2

Units per Worker

126

3

Demand

1840

4068

3980

3540

3180

2642

19250

4

Workers Needed

5

Workers Available

30

6

Workers Hired

7

Hiring Cost

8

Workers Fired

9

Firing Cost

10

Current Workers

11

Labor Cost

12

Produced Units

13

Net Inventory

14

Storage Cost

15

Late Orders Cost

16

Total Cost

a) Net inventory in February:

b) Labor cost March:

c) Storage cost in May:

d) Total cost of the project:

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!