Question: solve for total inventory cost using level production and the following aggregate production planning information Solve for total inventory cost using level production and the

solve for total inventory cost using level production and the following aggregate production planning information

Solve for total inventory cost using level production and the following aggregate production planning information: Quarter 1 2. 3 4 Demand Forecast 75,000 100,000 75,000 125,000 Beginning Workforce = 50 workers Production per Employee = 250 units per quarter Hiring Cost = $1000 per worker Firing Cost = $1,500 per worker Inventory Carrying Cost = $15 per unit per quarter

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