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 inventor 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 invento 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 workfor level constant at workers, ABC produced units. The number of working days for the next quarters are respectively and Assume that ABC plans to adopt a level strategy constant workforce plan for next year. Determine the level of workforce for next year such that all quarterly demands will b met
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