Holding cost Subcontracting Regular-time labor Overtime labor Hiring cost Layoff cost COSTS $8/disk/month 580/disk $12/hour $18/hour for hours above 8 hours/worker/day $4000/worker $8000/worker DEMAND Note: In this problem (and (3) the production cost should be computed based on the labor cost. July Aug. Sept. Oct. Nov. Dec. 700 OTHER DATA Current workforce (June) Labor-hours/disk Workdays/month Beginning inventory No requirement for ending inventory 8 people 4 hours/disk 20 days 150 disks ** O disks *Note that there is no holding cost for June 02 Consuelo Chua, Inc., is a disk drive manufacturer in need of an aggregate plan for July through December. The com- pany has gathered the following data: COSTS Holding cost Subcontracting Regular-time labor Overtime labor Hiring cost Layoff cost 58/disk/month 580/disk $12/hour $18/hour for hours above 8 hours/worker day $4000/worker $8000/worker DEMAND Note: In this problem (and 03) the production cost should be computed based on the labor 700 Dec Current une 8 people Labor hoursidisk 4 hours/disk Worlaymonth 20 days Beginning inventory 150 No requirement for ending inventory orks Note that there is no holding cost for une What will each of the two following strategies cost? a) Vary the workforces that production meets demand. Chua had sight workers on board in Jung b) Use a constant workforce of eight and subcontract only. Each worker will work at the full capacity Unused product will be used to fulfill demand of the following month * Additional information for a) 1) Loss of capacity is allowed, meaning that we only make exactly what is needed even if we have the labor capacity that allow us to make more. 2) All hired workers are considered as full-time employees and are paid 8 hours a day and 20 days a month. Q3. Use the information in Q2. Complete an aggregate plan by considering all of the following conditions: . Aconstant workforce of eight workers. Each worker will work at the full capacity Unused product will be used to fulfill demand of the following month. Overtime production Overtime production is planned as needed. Each worker can work as many as 40 hours per month during overtime based on the regulation, though. Subcontract. If demand is stronger than the regular time production and maximum overtime production, purchase the products from the subcontractor in order to fulfill all demand No stockout is allowed. Holding cost Subcontracting Regular-time labor Overtime labor Hiring cost Layoff cost COSTS $8/disk/month 580/disk $12/hour $18/hour for hours above 8 hours/worker/day $4000/worker $8000/worker DEMAND Note: In this problem (and (3) the production cost should be computed based on the labor cost. July Aug. Sept. Oct. Nov. Dec. 700 OTHER DATA Current workforce (June) Labor-hours/disk Workdays/month Beginning inventory No requirement for ending inventory 8 people 4 hours/disk 20 days 150 disks ** O disks *Note that there is no holding cost for June 02 Consuelo Chua, Inc., is a disk drive manufacturer in need of an aggregate plan for July through December. The com- pany has gathered the following data: COSTS Holding cost Subcontracting Regular-time labor Overtime labor Hiring cost Layoff cost 58/disk/month 580/disk $12/hour $18/hour for hours above 8 hours/worker day $4000/worker $8000/worker DEMAND Note: In this problem (and 03) the production cost should be computed based on the labor 700 Dec Current une 8 people Labor hoursidisk 4 hours/disk Worlaymonth 20 days Beginning inventory 150 No requirement for ending inventory orks Note that there is no holding cost for une What will each of the two following strategies cost? a) Vary the workforces that production meets demand. Chua had sight workers on board in Jung b) Use a constant workforce of eight and subcontract only. Each worker will work at the full capacity Unused product will be used to fulfill demand of the following month * Additional information for a) 1) Loss of capacity is allowed, meaning that we only make exactly what is needed even if we have the labor capacity that allow us to make more. 2) All hired workers are considered as full-time employees and are paid 8 hours a day and 20 days a month. Q3. Use the information in Q2. Complete an aggregate plan by considering all of the following conditions: . Aconstant workforce of eight workers. Each worker will work at the full capacity Unused product will be used to fulfill demand of the following month. Overtime production Overtime production is planned as needed. Each worker can work as many as 40 hours per month during overtime based on the regulation, though. Subcontract. If demand is stronger than the regular time production and maximum overtime production, purchase the products from the subcontractor in order to fulfill all demand No stockout is allowed