Question: PLEASE SHOW ALL WORKINGS AND PROVIDE A STEP BY STEP SOLUTION Use a Level strategy and develop an aggregate plan using inventories and no backorders.
PLEASE SHOW ALL WORKINGS AND PROVIDE A STEP BY STEP SOLUTION
Use a Level strategy and develop an aggregate plan using inventories and no backorders. Test and evaluate the plan. The data is tabulated below. If the number of employees required is fractional, always round up ceiling Answer the following questions
a total cost incurred
b cost per unit
c number of workers hired
d number of workers fired
Cost data in $
Regular time labor cost per hour
Overtime labor cost per hour
Subcontracting cost per unit labor only
Backorder cost per unit per period
Inventory holding cost per unit per period
Hiring cost per employee
Firing cost per employee
Capacity Data
Beginning workforce employees
Beginning inventory units
Production standard per unit hours
Regular time available per period hours
Overtime available per period hours
Demand data units
Period
Period
Period
Period
Period
Period
Period
Period
Period
Total Number of periods
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