Question: Information: Materials : $ 5 / unit. Holding cost : $ 1 / unit per month. Stock Out cost : $ 1 . 2 5

Information:
Materials : $ 5/ unit.
Holding cost : $ 1/unit per month.
Stock Out cost : $ 1.25/unit per month.
Hiring and training cost : $ 500.00/worker.
Layoff costs : $650/worker.
Labor hours required : 0.15 hrs/unit.
Labor Cost : $ 20.00/hour.
Beginning Inventory : 250 units
Productive hours/worker/day : 7.25
Paid straight hrs/day : 8
Beginning workforce level : 7 employees

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