Question: Complete the level production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you
Complete the level production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you complete the plan correctly, your hiring, layoff, and inventory costs should match those given here.



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Complete the level production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you complete the plan correctly, your hiring, layoff, and inventory costs should match those given here. Click the icon to view the costs table. Click the icon to view the forecasted sales. Fill in the production plan table below (enter your responses rounded to the nearest whole number). Month Forecasted sales Sales in worker hours Workers needed to meet sales average = 224 Actual workers Actual production Layoffs Hiring Ending inventory 191 2,000 March 1,661 Hiring Layoff 33 $33,000 Totals Coets e Info 33 Inventory 46,230 $184,920 of plan $66,000 $283,920 Planning values Starting inventory Starting and ending workforce Hours worked per month per worker Hours per unit Hiring cost per worker Layoff cost per worker Monthly per-unit holding cost 2,000 191 90 10 $2,000 $1,000 $4 Month March April May June July August September October November December January February Forecasted sales 1,661 1,309 1,132 920 1,550 1,925 2,436 2,459 2,986 2,990 2,563 2,261Step by Step Solution
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