Question: Hill is now considering plan C: Keep a stable workforce by maintaining a constant production rate equal to the average requirements and allow varying

Hill is now considering plan C: Keep a stable workforce by maintaining a constant production rate equal to the average requirements and allow varying inventory levels. Beginning inventory, stockout costs, and holding costs are provided in Problem 13.3. Plot the demand with a graph that also shows average requirements. Conduct your analysis for January through August. Note: fill out the following table to find the total cost: Period Demand Production Plan C Ending Inv. Stockouts (Units) Extra Cost 1 1,400 234 1,600 1,800 4 1,800 5 2,200 6 2,200 7 1,800 8 1,800 Total costs = $135,000 Total costs = $244,000 Total costs = $86,000 None of the above Total costs = $153,000

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