Please show all working A company believes that its demand for the next six mont

Question

Please show all working A company believes that its demand for the next six months is as follows: Month Demand 8,500 7000 9,000 7000 9,500 13,000 54,000 Total The output per worker per month is 125 units. The per worker hiring and lay off costs are $2.500 and $3,500, respectively. There is no beginning inventory, and the starting workforce is 105 t cost the company $10 to carry an te in mentory each month, and the stockot costs is estimated to epr t De e P a leer plan. sales and operations plan for this firm. Develop the monthly production schedule and show the labor workforce and inventory levels. Finally, compute the cost of the Construct the production table. Note that a negative beginning inventory denotes a stockout that is carried forward (enter your responses as whole numbers) Month Demand Beginning Beginning Production In EndingStockouts 8.500

Explanation / Answer

1 2 3 4 5 6 Total 8500 7000 9000 7000 9500 13000 54000 Number of workers required per month 68 56 72 56 76 104 72 Assume level production with 72 workers 9000 9000 9000 9000 9000 9000 Firing Costs 115500 115500 Inventory costs 5000 25000 25000 45000 40000 0 140000 Hiring costs 0 0 0 0 0 0 0 Production Table Demand Beginning Inv Production Ending Inv Stockouts Month 1 8500 0 9000 500 0 Month 2 7000 500 9000 2500 0 Month 3 9000 2500 9000 2500 0 Month 4 7000 2500 9000 4500 0 Month 5 9500 4500 9000 4000 0 Month 6 13000 4000 9000 0 0

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