Question: I am having trouble solving this operations management problem and need some help. Thanks. The president of Hill Enterprises, Terri Hill, projects the firm's aggregate

I am having trouble solving this operations management problem and need some help. Thanks.

I am having trouble solving this operations

The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: January February March April 1,200 1,500 1,600 1,900 May June July August 2.100 2,300 1.700 1.300 Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales is $125 per unit. Inventory holding cost is $25 per unit per month. Ignore any idle-time costs. The plan is called plan C. Plan C: Keep a stable workforce by maintaining a constant production rate equal to the average gross requirements excluding initial inventory and allow varying inventory levels Conduct your analysis for January through August. The average monthly demand requirement units. (Enter your response as a whole number.) In order to arrive at the costs, first compute the ending inventory and stockout units for each month by filling in the table below (enter your responses as whole numbers). Stockouts (Units) 1 Period Month 0 December January February 3 March 4 April 5 2 Ending Demand Production Inventory 200 1.200 1,700 1,500 1,700 1,600 1,700 1,900 1,700 2,100 1,700 May 6 June 2,300 1.700 1,700 1,700 7 July 8 August 1.300 1.700 The total stockout cost = $ (Enter your response as a whole number.) The total inventory carrying cost = $() (Enter your response as a whole number.) The total cost, excluding normal time labor costs, is = $(Enter your response as a whole number.) Enter your answer in each of the answer boxes

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