Question: Part 1 Given the following: table [ [ Quarter , Demand ] , [ 1 , 4 , 8 0 0 ] , [

Part 1
Given the following:
\table[[Quarter,Demand],[1,4,800],[2,12,600],[3,10,200]]
Production rate/worker =200 units/qtr
Beginning work force =46 workers
Beginning inventory =0 units
Note: there are only 3 quarters
Regular Prod. Cost =$18? unit
Inventory cost =$13? unit/qtr
Hiring cost ,$1250? worker
Firing cost ,$3100? worker
Develop a Production Plan using the Level Production strategy. What is the cost?
Develop a Production Plan using the Chase Demand strategy. What is the cost?
Based on cost, which strategy should be chosen?
Part 2
\table[[Quarter,Demand],[1,4,500],[2,9,250],[3,8,500],[4,3,750]]
Given the following:
Regular Prod. Capacity ,=6,500 units/qtr Overtime Prod. Capacity =1,250 units/qtr Subcontracting Capacity =4,250 units/qtr Production rate/worker =250 units/atr Beginning work force ,=26 Beginning Inventory ,=0
Regular Prod. Cost =$12? unit Overtime Prod. Cost =$20? unit Subcont Prod. Cost =$30? unit Inventory Cost ,=$8? unit/qtr Hiring Cost ,$2500? worker Firing Cost ,=$3900? worker Backordering Cost =$10? unit/atr
Develop a Production Plan using Level Production with Overtime and Subcontracting strategies.
4. What is the cost of the plan?
5. How many units will be produced by the Subcontractor during the 3rd quarter?
Develop a Production Plan using Level Production with Backorders.
6. What is the cost of the plan?
7. How many units total will be on Backorder during the 3rd quarter?
Develop a Production Plan using Chase Demand with Subcontracting strategies.
8. What is the cost of the plan?
9. How many workers will be hired by the company during the 2nd quarter?
 Part 1 Given the following: \table[[Quarter,Demand],[1,4,800],[2,12,600],[3,10,200]] Production rate/worker =200 units/qtr Beginning

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