Help Save & tale 6 7.14 Di Plan production for a fout month period: February through May. For February and March you should produce to exact demand forecast. For April and May, you should use overtime and Inventory with a stable workforce, stable means that the number of workers needed for March will be held constant through May. However, government constraints put a maximum of 5,000 hours of overtime labor per month in April and May zero overtime in February and March). If demand exceeds supply then backorders occur. There we 90 workers on January 31 You are given the following demand forecast February, 80.960; March, 66.240: April, 100.200. May, 40,200. Productivity is four units per worker hout, eight hours per day, 23 days per month. Assume xero inventory on Februwy1 Costs are hiring. $40 per new worker, layoff $60 per worker lid off, inventory holding, 510 per un monty straight time labor, $10 per hour overtime, $15 per hour, backorder $20 per unit Develop a production plan and calculate the total cost of this plan. Note: Assume any layoffs occur at beginning of next month leave no cells blank be certain to enter "o" wherever required. Negative values should be indicated by a minus sign, Round your answers to the nearest whole number.) February March Apre 10.900 66.240 100,200 May 10.200 Forecast Beginning inventory Production required Production hours required Regular world Regular production Overtime hours Overtime production Total production Ending inventory Ending backorders Workshired Workers taid off 6 Regular production Overtime hours Overtime production Total production Ending inventory Ending backorders Workers hired Workers laid off 7.14 points Book February March April May Straight time Overtime Inventory Backorder Hiring Layoff Total Total cost