Planning values Starting inventory: Starting and ending workforce: Hours worked per month per worker: Hours per unit: Hiring cost per worker: Layoff cost per worker: Monthly per-unit holding cost: 1000 227 160 20 $3,000 $2,000 $6 Forecasted Month Sales March 1,592 April 1,400 May 1,200 June 1,000 July 1,504 August 1,992 September 2,504 October 2,504 November 3,000 December 3,000 January 2,504 February 1,992 Sales in Worker Hours Workers Needed Actual Actual to Meet Worker $ Production Sales Layoffs Hirings Ending Inventory Question 29 How many actual workers should be employed in October in the level production plan? O 227 O 231 O 252 O 313 Question 30 0.5 pts What is the ending inventory after the first time period (March )in the level production plan? O 1000 O 1238 O 1305 O 1424 0.5 pts U Question 31 What is the total inventory cost incurred over the year for this level production plan? O $24,192 O $32,224 O $40,320 O $193,344 Question 32 How many workers need to be hired in period 1in the level production plan? 00 O 10 O 25 O 55 0.5 pts 0.5 pts Question 33 How many workers need to be laid off at the end of period 12 in the level production plan? 00 5 O 10 O 25 Question 34 What is the cost of hiring for the level production plan? O $50,000 O $75,000 O $100,000 O $150,000 0.5 pts 0.5 pts Question 35 0.5 pts The campus bookstore sells 4,000 sets of graduation regalia each year. Placing an order from their supplier costs $25 regardless of order quantity, so they usually place a large order (a half year's supply) at a time. It costs $5 per year to hold a cap and gown in inventory, primarily insurance costs for the highly flammable material. What is the EOQ? O 50 O 150 O 200 250 O 300 Question 36 0.5 pts What is the difference in their costs if they order at their optimal order quantity compared to their current policy based on the previous question? O $1,000 O $2,050 O $3,000 O $4050 O