ENU certain company is planning its production and the workforce levels for the months from March...

 

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ENU certain company is planning its production and the workforce levels for the months from March until August. Forecasted demand for these periods are, 918, 453, 598, 1,106, 1,989, and 1,130. At the end of February, the company had 318 employees and an inventory of 143 units. Besides, the company wants to have at least 612 units by the end of August. Hiring an employee costs $323, while laying off an employee costs $674. The cost of holding a unit in inventory for a month is $39. It is known that producing a unit requires 53 hours of labor. Considering that each employee receives $2,479 per month and each month has 24 days and each day 8 hours: a) Find the optimal level of production and the number of employees required for every month. What is the cost for this plan? P1 = W1 = P2= W2 = P3= W3 = P4= W4= P5= W5= P6= W6 = Cost = b) What is the effect on the plan if the holding cost doubles? P1 = W1 P2= W2 = P3= W3 P4= W4= P5= W5= P6= W6 = Cost = ENU certain company is planning its production and the workforce levels for the months from March until August. Forecasted demand for these periods are, 918, 453, 598, 1,106, 1,989, and 1,130. At the end of February, the company had 318 employees and an inventory of 143 units. Besides, the company wants to have at least 612 units by the end of August. Hiring an employee costs $323, while laying off an employee costs $674. The cost of holding a unit in inventory for a month is $39. It is known that producing a unit requires 53 hours of labor. Considering that each employee receives $2,479 per month and each month has 24 days and each day 8 hours: a) Find the optimal level of production and the number of employees required for every month. What is the cost for this plan? P1 = W1 = P2= W2 = P3= W3 = P4= W4= P5= W5= P6= W6 = Cost = b) What is the effect on the plan if the holding cost doubles? P1 = W1 P2= W2 = P3= W3 P4= W4= P5= W5= P6= W6 = Cost =

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b Change the hold... View the full answer