Question: Production cost = $ 7 5 u nit, Inventory holding cost = $ 5 u n i t m onth, Hiring cost = Firing cost
Production cost $nit,
Inventory holding cost $onth,
Hiring cost Firing cost $orker,
Initial workforce
Productivity unitorkeonth.
Present your solution a table with the following information: Month, Estimated Demand,
Monthly Production, Ending Inventory inventory the end each month Number
Workers Needed, Number Hires, and Number Fires. Calculate the total cost this plan.
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