Sales department predicts that market demand for March is 1000 and recommends the safety stock level is
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Question:
Sales department predicts that market demand for March is 1000 and recommends the safety stock level is at 40% of the market demand. Suppose there are 23 working days in March and the beginning inventory for this month is 200. Currently, the company has 20 workers. Each of them can work 8 hours per day and the worker productivity is 0.2 unit per hour.
How many new workers this company needs to hire in March to meet for the production level?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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