Question: Given the following information: 1 Regular Prod. Capacity = 7,225 units/qtr Quarter Demand Overtime Prod. Capacity = 2,000 units/qtr 6,400 Subcontracting Capacity = 10,000 units/qtr

Given the following information: 1 Regular Prod.

Given the following information: 1 Regular Prod. Capacity = 7,225 units/qtr Quarter Demand Overtime Prod. Capacity = 2,000 units/qtr 6,400 Subcontracting Capacity = 10,000 units/qtr 9,000 10,200 Beginning Inventory = 0 units 3.300 Beginning workforce = 50 workers Production rate/worker = 200 units/qtr 2 Regular Prod. Cost = $12/unit Overtime Prod. Cost = $17/unit Subcontracting Cost = $22/unit Inventory Cost = $5/unit/qtr Backordering Cost = $12/unit/qtr Hiring Cost = $2000/worker Firing Cost = $5000/worker 3 4 Develop a Production Plan using Level Production with Overtime and Subcontracting Strategies. a. How many units will be produced by the Subcontractor during the 3rd quarter? b. What is the cost of the plan? Develop a Production Plan using Chase Demand with Subcontracting Strategies. (Hint: # of workers should be an integer value, round up values.) c. How many workers will be hired by the company during the 2nd quarter? d. What is the cost of the plan

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