Question: was able to get it partially correct please help solve the incorrect Develop a production schedule to produce the exact production requirements by varying the

was able to get it partially correct please help solve the incorrect
was able to get it partially correct please help
was able to get it partially correct please help
Develop a production schedule to produce the exact production requirements by varying the workforce size for the following problem. The monthly forecasts for Product X for January, February, and March are 1,020, 1,480, and 1,180, respectively. Safety stock policy recommends that half of the forecast for that month be defined as safety stock. There are 22 working days in January, 19 in February. and 21 in March. Beginning inventory is 480 units. Manufacturing cost is $160 per unit, storage cost is $6 per unit per month, standard pay rate is $6 per hour, overtime rate is $9 per hour, cost of stock-out is $8 per unit per month, marginal cost of subcontracting is $8 per unit, hiring and training cost is $140 per worker, layoff cost is $240 per worker, and worker productivity is 0.1 unit per hour. Assume that you start off with 42 workers and that they work 8 hours per day. (Leave the cells blank, whenever zero (0) is required. Input all values as positive values. Round up "Workers Required" to the next higher whole number. Round all other answers to the nearest whole number.) Answer is not complete. February Forecast Safety stock Beginning inventory Net production required Workers required Hired Laid off Actual production Ending inventory January 1,020 510 480 1,050 60 18 0 1,050 x 510 1.480 740 510 1,710 113 53 00 1,710 740 March 1,180 590 740 1,030 61 (51) x 51 X 1,030 ruinera requie Hired Laid off Actual production Ending inventory Labor Inventory Hiring Layoff Total VI 53 (51) 0 51 1,710 1,030 510 x 740 Answer is complete but not entirely correct. January February March s $ $ $ 63,360 $ 2,880 S 2,520 $ 00 68,760 25 18 $ 00 17 1,050 103,056 $ 3,060 $ 7,420 61,488 4,440 0 0 $ 12,240 113,536 IS 78,168 Total $ 260,464

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