Planning values Starting inventory: 1000 Starting and ending workforce: 100 Hours worked per month per worker:...
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Planning values |
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Starting inventory: |
1000 |
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Starting and ending workforce: |
100 |
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Hours worked per month per worker: |
160 |
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Hours per unit: |
40 |
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Hiring cost per worker: |
$5,000 |
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Layoff cost per worker: |
$2,000 |
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Monthly per-unit holding cost: |
$8 |
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What would actual production be for December if the December forecast was for 1200 units, and we used a level production that involves staffing 350 workers in December?
Homework Answers
Production = 350 workers x 160 hours per worker x 1 / (40 hours per unit)
= (350 x 160 / 40) units
= 1,400 units
Add Answer to:
Planning values
Starting inventory:
1000
Starting and ending workforce:
100
Hours worked per month per worker:...
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expected to end with at least 500 in stock. Garden Hub can
temporarily backlog demand for a cost, but at the end of the time
horizon, they require their backlog to be zero – This is an
important constraint to remember- if we forget it, we will get
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