Assume 8 hrs/day as working hours

3. Janata enterprises produce toy video telephones for the domestic market. JE wants to develop and aggregate production plan fe next six months based on following information Feb Tan 500 Mar 650 600 Apr 800 May 900 June 800 Total 4250 Demand forecast Number working days of 22 19 21 21 22 20 125 Costs Material Inventory holding Marginal cost of stockout Marginal cost of subcontracting Hiring and Training Cost Layoff cost Labour hours required Regalar time wages Overtime cost Rs 100/unit Rs 10.00 unit month Rs 20.00/unit/month Rs 200/unit inclusive of material cost) Rs 50 worker Rs 100/ worker 4 per unit Rs 12.5/hour Rs 18.75/hour Inventory Opening inventory 200 units No safety stock requirement I What is the cost of each of following production strategies? a. Produce exactly to meet the demand vary workforce begin with workforce equal to first month's requirement) b. Constant workforce; vary inventory and allow shortages only. Assume a starting work force of 10 Constant work fosss of 10 Use subcontracting 3. Janata enterprises produce toy video telephones for the domestic market. JE wants to develop and aggregate production plan fe next six months based on following information Feb Tan 500 Mar 650 600 Apr 800 May 900 June 800 Total 4250 Demand forecast Number working days of 22 19 21 21 22 20 125 Costs Material Inventory holding Marginal cost of stockout Marginal cost of subcontracting Hiring and Training Cost Layoff cost Labour hours required Regalar time wages Overtime cost Rs 100/unit Rs 10.00 unit month Rs 20.00/unit/month Rs 200/unit inclusive of material cost) Rs 50 worker Rs 100/ worker 4 per unit Rs 12.5/hour Rs 18.75/hour Inventory Opening inventory 200 units No safety stock requirement I What is the cost of each of following production strategies? a. Produce exactly to meet the demand vary workforce begin with workforce equal to first month's requirement) b. Constant workforce; vary inventory and allow shortages only. Assume a starting work force of 10 Constant work fosss of 10 Use subcontracting