Question
Complete the chase production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you
Complete the chase production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you complete the plancorrectly, your hiring, layoff, and inventory costs should match those given here.
more INFO
Layoff Hiring Inventory Totals: 270 270 36,000 Cost: $405,000 $540,000 $72,000 Cost of plan: $1,017,000 Planning values Starting inventory: 3,000 Starting and ending workforce: 223 Hours worked per month per hour: 315
Hours per unit: 35
Hiring cost per worker: $2,000
Layoff cost per worker: $1,500
Monthly per-unit holding cost: $2
Part 2
Fill in the production plan table below (enter your responses as whole numbers).
Month | Forecasted sales | Sales in worker hours | to meet sales average=248 | Actual workers | Actual production | Layoffs | Hiring | Ending inventory |
223 | 3,000 | |||||||
March | 1,728 | enter your response here__ | enter your response here__ | enter your response here__ | enter your response here___ | enter your response here___ | enter your response here___ | enter your response here___ |
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