Answered step by step
Verified Expert Solution
Question
1 Approved Answer
costs should match those given here. 3 Click the icon to view the costs table. 4 Click the icon to view the forecasted sales. Fill
costs should match those given here. 3 Click the icon to view the costs table. 4 Click the icon to view the forecasted sales. Fill in the production plan table below (enter your responses as whole numbers). \begin{tabular}{lccc} \hline & Layoff & Hiring & Inventory \\ \hline Totals & 282 & 282 & 6,000 \\ Costs & $282,000 & $705,000 & $48,000 \\ Cost of plan & & $1,035,000 & \\ Planning values & & 500 \\ Starting inventory & & 203 \\ Starting and ending workforce & & 240 \\ Hours worked per month per worker & & 30 \\ Hours per unit & & $2,500 \\ Hiring cost per worker & & $1,000 \\ Layoff cost per worker & & $8 \\ Monthly per-unit holding cost & & & \\ \hline \end{tabular} \begin{tabular}{lc} \hline \multicolumn{1}{c}{ Month } & Forecasted sales \\ \hline March & 1,624 \\ April & 1,480 \\ May & 1,136 \\ June & 896 \\ July & 1,400 \\ August & 2,024 \\ September & 2,368 \\ October & 2,272 \\ November & 3,056 \\ December & 2,840 \\ January & 2,488 \\ February & 2,072 \\ \hline \end{tabular} costs should match those given here. 3 Click the icon to view the costs table. 4 Click the icon to view the forecasted sales. Fill in the production plan table below (enter your responses as whole numbers). \begin{tabular}{lccc} \hline & Layoff & Hiring & Inventory \\ \hline Totals & 282 & 282 & 6,000 \\ Costs & $282,000 & $705,000 & $48,000 \\ Cost of plan & & $1,035,000 & \\ Planning values & & 500 \\ Starting inventory & & 203 \\ Starting and ending workforce & & 240 \\ Hours worked per month per worker & & 30 \\ Hours per unit & & $2,500 \\ Hiring cost per worker & & $1,000 \\ Layoff cost per worker & & $8 \\ Monthly per-unit holding cost & & & \\ \hline \end{tabular} \begin{tabular}{lc} \hline \multicolumn{1}{c}{ Month } & Forecasted sales \\ \hline March & 1,624 \\ April & 1,480 \\ May & 1,136 \\ June & 896 \\ July & 1,400 \\ August & 2,024 \\ September & 2,368 \\ October & 2,272 \\ November & 3,056 \\ December & 2,840 \\ January & 2,488 \\ February & 2,072 \\ \hline \end{tabular}
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started