The total inventory cost = $ ____. (Whole number)

The total hiring cost = $ ____. (Whole number)

The total layoff cost = $ ____. (Whole number)

The total cost, excluding normal time labor costs, is = $ ____. (Whole number)

b) Fill in the table below. (Enter all responses as whole numbers.)

The total inventory carrying cost = $ ____. (Whole number)

The total overtime premium cost $ ____. (Whole number)

The total cost, excluding normal time labor costs, is = $ ____. (Whole number)

Consuelo Chua, Inc., is a disk drive manufacturer in need of an aggregate plan for July through December. The company has gathered the following data. There are 8 hours of production per day. Holding cost Subcontracting Regular-time labor Overtime labor Hiring cost Layoff cost Costs $8/disk drive/Month $80/disk drive $12/hour $18/hour (above 8 hours) $40/worker $80/worker Other Data Current workforce (June) 8 people Labor-hours/disk drive 4 hours Workdays/month 20 days Beginning Inventory 150 disk drives* Ending Inventory O disk drives *Note that there is no holding cost for June. What will each of the two following strategies cost? a) Vary the workforce so that production approximates demand. Chua had eight workers on board in June. (Enter all responses as whole numbers). Fill in the table below. (Enter all responses as whole numbers. In the hire/layoff column, use positive numbers for hires-plus signs omitted; negative numbers for layoffs.) Plan A Beginning Personnel on Inventory Staff** 150 8 Units Produced Demand Hire Layoff 400 Month 0 June 1 July 2 August 3 September 4 October 500 550 700 5 November 800 700 6 December * No costs are incurred for unmet demand. **When computing "Personnel on Staff," if 0.5 or more of an employee is needed round up and hire one more employee; if less than 0.5, round down. Plan B Production (Regular) Ending Inventory 150 Overtime Production Demand 400 320 Month 0 June 1 July 2 August 3 September 4 October 500 320 550 320 700 320 5 November 800 320 6 December 700 320