Question: Please determine the total production cost when utilizing an Aggregate Planning Chase Strategy The demand forecast for next year and production parameters are as follows:

Please determine the total production cost when utilizing an Aggregate Planning Chase Strategy" The demand forecast for next year and production parameters are as follows: Quarter Fall Winter Spring Summer Forecast Demand (units) 154,000 135,000 225.000 320,000 Production Cost $0.50/unit $0.05/unit/quarter Inventory Carrying Cost Subcontractor Cost Hiring Cost Firing Cost Production Days Overtime: Production per employee Beginning workforce Ending workforce Beginning inventory $0.75/unit $450/worker $600/worker 22 days/ quarter not available 700 units / day 10 employees 13 employees O units Inventory Cost Hiring Cost > Firing Cost (assuming you finish the last quarter with 13 employees) > Total Production Cost

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