Question: The current workforce level is 4 workers. Production rate is 150 /worker/month. The following costs apply:Wages =$2,000/ worker/month Hiring cost =$200/ worker Layoff Cost =$250/

The current workforce level is 4 workers. Production rate is 150 /worker/month. The following costs apply:Wages =$2,000/ worker/month Hiring cost =$200/ worker Layoff Cost =$250/ worker Inventory holding cost =$1/ unit / month Back ordering cost =$2/ unit / month What would be the production rate per month for a level strategy? 750 units 450 units 700 units 500 units 600 units
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
