Formulate a level sales and operations plan for a company with the following predicted demand: The beginning
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The beginning workforce is 125 employees. The monthly output per employee is 150 units. The costs to hire and lay off a worker are $2500 and $4000, respectively. The cost to carry an item in inventory for one month is estimated at $10, and the stockout cost is $25 per unit. Show the production schedule, the inventory levels, and the changes in workforce from period to period. Compute the plan€™s cost.
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Related Book For
Managing Supply Chain and Operations An Integrative Approach
ISBN: 978-0132832403
1st edition
Authors: Thomas Foster, Scott E. Sampson, Cynthia Wallin, Scott W Webb
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