Question: Consider the following partially completed sales and operations plan. Using the planning values and filled-in values as a guide, complete the plan and calculate the

Consider the following partially completed salesConsider the following partially completed salesConsider the following partially completed sales

Consider the following partially completed sales and operations plan. Using the planning values and filled-in values as a guide, complete the plan and calculate the layoff, hiring, and inventory costs. Click the icon to view the costs table. Click the icon to view the production plan table. 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 = 45 Actual workers Actual production Layoffs Hirings Ending inventory March 9,400 0 2 3,000 Layoff Hiring Inventor Totals: Costs: Cost of plan: 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: 3,000 45 200 5 $350 $150 $2 Month Forecasted sales Sales in worker hours Workers needed to meet sales average = 45 Actual workers Actual production Layoffs Hirings Ending inventory 2 3,000 9,400 9,400 9,400 8,200 March April May June July August September October 1,640 1,880 1,720 1,550 2,000 0 0 0 0 0 11 0 0 O O O O O O O O 45

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!