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Complete the level production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you
Complete the level production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you complete the plan correctly, your hiring, layoff, and inventory costs should match those given here. Click the icon to view the costs table. Click the icon to view the forecasted sales. Fill in the production plan table below (enter your responses rounded to the nearest whole number). Month Forecasted sales Sales in worker Workers needed to meet sales average = 225 Actual Actual workers production Layoffs Hiring Ending inventory hours 218 1,500 March 1,635 Layoff Hiring 7 $17.500 $63,759 Inventory 39,259 $39,259 $7,000 Totals Costs Cost of plan Planning values Starting inventory Starting and ending workforce Hours worked per month per worker Hours per unit Hiring cost per worker Layoff cost per worker Monthly per-unit holding cost 1,500 218 225 25 $2,500 $1,000 $1 Month March April May June July August September October November December January February Forecasted sales 1,635 1,333 1,186 993 1,555 1,921 2,547 2,428 3,089 2.917 2,499 2,197
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