Question: Question about total cost, with inventory plan minimum? 3. In the plant, standards indicate that one worker can assemble 200 computers per month. It costs

Question about total cost, with inventory plan minimum?

Question about total cost, with inventory plan minimum? 3. In the plant,

3. In the plant, standards indicate that one worker can assemble 200 computers per month. It costs about $500 to produce a computer. Holding one computer in inventory for a month costs $50. Workers earn $700 per month and can be hired for $80, fired for $150. Currently, there are 5 workers in the company and 100 computers in the inventory. Company needs to carry min inventory of 100 at the end of May. a. Develop a minimum inventory plan. What is the total cost? (15 pts) Month Jan Feb Mar Apr | May Demand 800 750 900 800 750 Total Cost= b. Develop a constant work force plan with no backorders. What is the total cost? (15 pts) Month Jan Feb Mar Apr May Demand 800 750 900 800 750 Total Cost= 3. In the plant, standards indicate that one worker can assemble 200 computers per month. It costs about $500 to produce a computer. Holding one computer in inventory for a month costs $50. Workers earn $700 per month and can be hired for $80, fired for $150. Currently, there are 5 workers in the company and 100 computers in the inventory. Company needs to carry min inventory of 100 at the end of May. a. Develop a minimum inventory plan. What is the total cost? (15 pts) Month Jan Feb Mar Apr | May Demand 800 750 900 800 750 Total Cost= b. Develop a constant work force plan with no backorders. What is the total cost? (15 pts) Month Jan Feb Mar Apr May Demand 800 750 900 800 750 Total Cost=

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