Homework: Portfolio 4 Part 1 (chapter 13) Save Score: 0 of 2 pts 2 of 12 (1 complete) HW Score: 6.67%, 2 of 30 pts Problem 13.3 Question Help The president of Hill Enterprises Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows January 1.200 May 2,300 February 1,700 June 2,100 March 1,800 July 1,900 April 1.900 August Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of fost sales is $100 per unit. Inventory holding cost is $25 per unit per month. Ignore any idle-time costs The plan is called plan A. Plan A: Vary the workforce level to execute a strategy that produces the quantity demanded in the prior month The December demand and rate of production are both 1,600 units per month The cost of hiring additional workers is $50 per unit. The cost of laying off workers is $75 per unit Evaluate this plan. (Enter all responses as whole numbers) Note: Both hiring and layoll costs are incurred in the month of the change. For example, going from 1,600 in January to 1.200 in February incurs a cost of tayoff for 400 units in February 1.900 Hire (Units) Layoff (Units) Ending Inventory 200 Stockouts (Units) Period Month 0 December 1 January 2 February 3 March 4 April 5 May 6 Juno 7 July 8 August Demand 1,600 1,200 1,700 1,800 1,900 2,300 2.100 1,900 Production 1,600 1,600 1,200 1,700 1,800 1,000 2,300 2,100 1,900 1,900 Enter your answer in the edit fields and then click Check