Question: Develop the following aggregate plan. Using the cost data. Cost Table December production is 1 5 7 0 units. - production / labour cost is
Develop the following aggregate plan. Using the cost data.
Cost Table
December production is units.
production labour cost is $ hour
labour hours per unit
layoff cost is $ unit
hiring cost is $ unit
inventory carrying cost is $ unit month
Plan A is to produce at a rate equal to the average daily demand, Level plan.
This plan uses inventory and will allow inventory to fluctuate over the life of the plan.
Period Production Days Demand Forecast Production Inventory Change Ending Inventory
January
February
March
April
Calculate and submit only the Total production costs ie green box portion of the plan.
Round to nearest dollar. No need for dollar sign or comma.
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