Question: A company is developing a Sales and Operations Planning for the next 3 months. The 3 - month forecast and workforce plan is in the
A company is developing a Sales and Operations Planning for the next months. The month forecast and workforce plan is in the table below. Regular time costs $ hour, and overtime costs $ hour. They have regular workers at the beginning of Month and they can hire at most workers during one month. Each worker can do regular hours and a maximum of overtime hours per month. Hiring cost is $ worker, and layoff cost is also $ worker.
What will be the total costs of Month
tableMonthForecast unitsRegular time output unitspvertime output hourI,
$
$
$
$
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