Question: also need help with 1. total hiring cost 2. total layoff cost 3. total inventory carrying cost 4. total stockout cost 5. total cost excluding

also need help with
1. total hiring cost
2. total layoff cost
3. total inventory carrying cost
4. total stockout cost
5. total cost excluding normal time labor costs for plan B
also need help with 1. total hiring cost 2. total
The S&OP team at Kansas Furniture, has received estimates of demand requirements as shown in the table. Assuming one-time stockout costs for lost sales of $125 per unit, inventory carrying costs of $30 per unit per month, and zero beginning and ending inventory, evaluate the following plan on an incremental cost basis: Plan B: Vary the workforce to produce the prior month's demand. The firm produced 1,300 units in June. The cost of hiring additional workers is $30 per unit produced. The cost of layoffs is $60 per unit cut back. (Enter all responses as whole numbers.) Note: Both hiring and layoff costs are incurred in the month of the change (i.e., going from production of 1,300 in July to 1200 in August requires a layoff (and related costs) of 100 units in August). Hire Layoff Ending Stockouts Month Demand Production (Units) (Units) Inventory (Units) 1 July 1200 2 August 1300 3 September 1200 4 October 1700 5 November 1650 6 December 1650

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