Question: ABC Co . is to plan its workforce and production levels for next year. Forecast demands for the next 4 quarters are 1 1 6
ABC Co is to plan its workforce and production levels for next year. Forecast demands for the next quarters are units. Ending inventory of last year is expected to be and the ABC would like to have a minimum of units in inventory at the end of next year. The cost of holding one unit in inventory for one quarter is $
There are currently workers. The cost of hiring one worker is $ and the cost of firing one worker is $
In the past, the plant manager observed that over workings days and with the workforce level constant at workers, ABC produced units.
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