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Company is producing windows for the construction company. It is late December and the company is trying to decide on production strategy that should
Company is producing windows for the construction company. It is late December and the company is trying to decide on production strategy that should be followed next year. Data on costs are provided in the Table 1: Table 1 Current workforce 4 workers Average output per worker 80 windows per month Inventory carrying (or holding) $1.2 per window per cost Cost to produce one unit Hiring cost Subcontracting cost Firing (or layoff) cost Beginning inventory month $3 per window $40 per worker $4 per window $80 per worker 240 windows A. Apply CHASE production strategy using the adjustment of the workforce. Copy Table 3 from the text below using Ctrl+c and paste it using Ctrl+v into your answer field and then write in it the values referred to CHASE strategy. (18 Marks) Table 2
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