Question: We have discussed in class aggregate planning using the following data: c H = $ 5 0 0 , cost of hiring one worker c
We have discussed in class aggregate planning using the following data:
$ cost of hiring one worker
$ cost of firing one worker
$ cost of holding one unit of inventory for one month
units, aggregate units produced by one worker in one day
Suppose the demand forecast and workdays for the months next year are shown in the table
below. At the beginning of January, there will be units in inventory and workers.
a Please find the minimum constant workforce aggregate plan and the total cost of the plan.
b Please find the minimum inventory cost aggregate plan and the total cost of the plan.
c Please find the aggregate plan that minimizes the total cost.
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