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Box producer KutuKutu A.S. is preparing its aggregate production plan for the upcoming six-month period (summer and fall). They have forecasted the following demand values.
Box producer KutuKutu A.S. is preparing its aggregate production plan for the upcoming six-month period (summer and fall). They have forecasted the following demand values. The inventory level at the beginning of June is estimated to be 200,000 boxes.
2. Box producer KutuKutu A.S. is preparing its aggregate production plan for the upcoming six-month period (summer and fall). They have forecasted the following demand values. The inventory level at the beginning of June is estimated to be 200,000 boxes. [] The company desires to have a constant workforce level during the planning period. They currently have 150 workers. Each worker can produce 50 boxes a day, and there are 20 workdays each month. Determine the number of workers KutuKutu should have to satisfy all the forecasted demand. Prepare an aggregate production plan for KutuKutu with constant workforce. Hiring an employee costs $500, and firing $2000. Inventory holding cost is $5 (charged per unit based on ending inventory amounts). Compute the cost of the plan you preparedStep by Step Solution
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