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Question 1:

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Question 2:

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Formulate a chase sales and operations plan for a company with the following predicted demand: The beginning workforce is 440 employees. The monthly output per employee is 200 units. The cost to hire and lay off a worker are $1,500 and $3,500, respectively. The cost to carry an item in inventory for one month is estimated at $12, and the stockout cost is $25 per unit. Show the production schedule, the inventory levels, and the changes in workforce from period to period. Compute the plan's cost. Construct the chase sales and operations plan (enter your responses as whole numbers). The cost of the chase sales and operations plan is $ . (Enter y A company believes that its demand for the next six months is as follows: The output per worker per month is 100 units. The per worker hiring and lay off costs are $1,500 and $2,000, respectively. There is no beginning inventory, and the starting workforce is 135. It cost the company $15 to carry an item in inventory each month, and the stockout costs is estimated to be $25 per unit. Develop a level sales and operations plan for this firm. Develop the monthly production schedule and show the labor workforce and inventory levels. Finally, compute the cost of the plan. Construct the production table. Note that a negative beginning inventory denotes a stockout that is carried forward (enter your responses as whole numbers). \begin{tabular}{lllllllll} Month & Demand Beg. Inv Prod. & End. Inv & Stockouts Hire & Fire & Workforce \\ \hline 1 & 8500 & 0 & 9000 & 500 & 0 & 0 & 33 & 105 \\ \hline 2 & 7000 & 500 & 9000 & 2500 & 0 & 0 & 0 & 72 \\ \hline 3 & 9000 & 2500 & 9000 & 2500 & 0 & 0 & 0 & 72 \\ \hline 4 & 7000 & 2500 & 9000 & 4500 & 0 & 0 & 0 & 72 \\ \hline 5 & 9500 & 4500 & 9000 & 4000 & 0 & 0 & 0 & 72 \\ \hline 6 & 13000 & 4000 & 9000 & 0 & 0 & 0 & 0 & 72 \\ \hline \end{tabular} Cost Estimates \begin{tabular}{llllll} \hline Month & Hire & Fire & Inv & \multicolumn{2}{c}{ Stockout Total } \\ \hline 1 & 0 & 115500 & 5000 & 0 & 120500 \\ \hline 2 & 0 & 0 & 25000 & 0 & 25000 \\ \hline 3 & 0 & 0 & 25000 & 0 & 25000 \\ \hline 4 & 0 & 0 & 45000 & 0 & 45000 \\ \hline 5 & 0 & 0 & 40000 & 0 & 40000 \\ 6 & 0 & 0 & 0 & 0 & 0 \\ \hline Totals & 0 & 115500 & 140000 & 0 & 255500 \end{tabular}