Question: Note - can you do it on paper if possible. 8.A firm wants to level production of product for the next 4 months. Given the

Note - can you do it on paper if possible.

8.A firm wants to level production of product for the next 4 months. Given the following data; A. Develop a level production plan and show the ending inventory for each month. The opening inventory is 230 units and they want to reduce that to 150 units. Each worker can assemble 5 units per day. How many worker does this firm need to hire? B. What would be the cost of the plan if the cost of carrying inventory is $ 4 per unit per month and stock out is $ 15 based on the ending inventory? Period May June July August Total Working Days 21 20 22 23 Forecasted Demand 500 600 350 350 Level Production Ending Inventory b. Cost of plan

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