Question: Question 10 3 points Save Answer Aggregate Planning: Given the following cost information and the aggregate plan below: Quarter 500 Demand 800 1 $14 units

Question 10 3 points Save Answer Aggregate

Question 10 3 points Save Answer Aggregate Planning: Given the following cost information and the aggregate plan below: Quarter 500 Demand 800 1 $14 units per unit per unit 2 1000 $35 Previous production level Inventory holding cost Hiring workers Laying off workers Subcontracting cost Regular time production cost 3 400 $76 per unit 4 500 $120 per unit $80 per unit Quarter Demand Ending Inventory Subcontract Hiring Regular time production 500 Laying Off 0 0 1 800 800 0 300 0 2 1000 1000 0 200 0 0 400 400 0 0 600 500 500 0 100 0 Calculate the overall cost for quarters 1 to 4. Do not include the regular time production cost from quarter 0 and the cost of the inventory from quarter 0

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