Engineers on Staff: 25 (Assume 20 working days/month) Regular time rate: $30/hour Overtime rate: $45/hour Options Available: Regular time; Overtime (limited to 30% of Regular time); Do work early (additional $5 per hour per month penalty); Do work late (additional $10 per hour per month penalty). PLAN: Use Reg Time & OT-use excess hours to do work early & use backordering (late completion) if hours short March January April May June February 4.000 6.000 5,000 5000 6.000 4,000 4,000 Forecast work hours Beginning inventory (work done earlier Work hours required Regular work hours available 25'8920) Overtime hours Limit: 30% of RegT Total planned hours Ending inventory (early work completed Ending backorders (work to be done later) 1,500 Straight time (530) Overtime (545) Inventory (55) Backorder (510) Total Grand Total Engineers on Staff: 25 (Assume 20 working days/month) Regular time rate: $30/hour Overtime rate: $45/hour Options Available: Regular time; Overtime (limited to 30% of Regular time); Do work early (additional $5 per hour per month penalty); Do work late (additional $10 per hour per month penalty). PLAN: Use Reg Time & OT-use excess hours to do work early & use backordering (late completion) if hours short March January April May June February 4.000 6.000 5,000 5000 6.000 4,000 4,000 Forecast work hours Beginning inventory (work done earlier Work hours required Regular work hours available 25'8920) Overtime hours Limit: 30% of RegT Total planned hours Ending inventory (early work completed Ending backorders (work to be done later) 1,500 Straight time (530) Overtime (545) Inventory (55) Backorder (510) Total Grand Total