Question: all images are data which will help to answer the question. A company produces a line of bicycles. The manager is interested in using a



all images are data which will help to answer the question.
A company produces a line of bicycles. The manager is interested in using a chase production plan. However, instead of using a firing and hiring strategy to achieve this, the manager would instead use the current workforce and supplement it with either overtime or undertime to change capacity to match demand exactly. The manager has asked you to develop such a plan using the data shown below Cost data $10 $15 Regular time labor cost per hour Overtime labor cost per hour Subcontracting cost per unit (labor only) Holding cost per unit per period Back-order cost per mit per penod 584 $10 $20 Hiring cost per employee $600 Fining cost per employee $450 Capacity data Beginning workforce 210 employees 210 employees Beginning inventory 400 units 400 units Labor standard per unit 6 hours 6 hours Regular time available per period 160 hours 160 hours Overtime available per period 32 hours 32 hours 1000 units Subcontracting maximum per period 1000 units Subcontracting minimum per period 500 units 500 units Demand data Period 1 6000 units Period 2 4800 units Period 3 7840 units Period 4 5200 units Period 5 6500 units Period 6 3600 units Given this information, the number of production hours that would be required in period 6 to produce the exact quantity needed is hours
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