Question: Working Days per Quarter: 5 6 ( this plan covers each of the 4 quarters for years 2 0 2 1 , 2 0 2

Working Days per Quarter: 56(this plan covers each of the 4 quarters for years 2021,2022 and 2023)
Time to produce ponchos: 1.5 hours
Time to produce hammocks: 1.75 hours
Time to produce backpacks: 2.25 hours
Safety Stock: 15% of quarterly demand
Full-time Working Hours per Day: 7
Part-time Working Hours per Day: 4
Full-time Hiring Cost: 4050
Full-time Layoff Cost: 10000
Part-time Hiring Cost: 1100
Part-time Firing Cost: 1500
Learning Curve: 97%
Holding Cost per unit: 20% of profit/unit
Shortage cost: 35% of profit/unit
Additional cost to subcontracting: $5
Percentage of production able to be subcontracted: 30%(For example, if you need 100 in total at most 30 of those units can be subcontracted).
Cost per Production Hour: $4<---Cost to run the machines.
Full-time Hourly Wage: $13/hour <---This is separate from the production cost.
Part-time Hourly Wage: $9/hour <---This is separate from the production cost.
Labor union requires Dan to have a ratio of 2:1 full-time to part-time workers (or less, meaning it can be all full-time and no part-time).

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