Minimum Cost plan for: Labor standard is 80 minutes/unit Regular time cost: 24/hour Overtime cost: $36/hour Inventory carrying cost is $12.00/item/month FTE Standard is 520 hours/quarter Operation is 40 hours/week, 52 weeks/year, 12 month/year Beginning inventory: 2000 units Ending inventory: 1500 units Regular time production capacity is limited to 35 FTE/month There is no hiring or firing costs Month 1 2 3 4 56 7 89 10 11 12 Demand is Demand 3600 3550 3240 4460 4600 5520 6850 6150 5590 5810 4360 3470 Minimum Cost plan for: Labor standard is 80 minutes/unit Regular time cost: 24/hour Overtime cost: $36/hour Inventory carrying cost is $12.00/item/month FTE Standard is 520 hours/quarter Operation is 40 hours/week, 52 weeks/year, 12 month/year Beginning inventory: 2000 units Ending inventory: 1500 units Regular time production capacity is limited to 35 FTE/month There is no hiring or firing costs Month 1 2 3 4 56 7 89 10 11 12 Demand is Demand 3600 3550 3240 4460 4600 5520 6850 6150 5590 5810 4360 3470