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Leo's AP Case Information. strategies to meet the forecasted demand over the six month planning horizon. The monthly demand forecast is below: Cost and Production

Leo's AP Case Information.
strategies to meet the forecasted demand over the six month planning horizon.
The monthly demand forecast is below:
Cost and Production Info:
Inventory Carrying Cost-per unit/month
Regular Pay/hour--8 hours daily
Regular hours/day/employee
Contract Manufacturing--cost/hour
Employee and Contract Manufacturing Productivity--units/hour
Leo's has no beginning inventory for the first month of the planning horizon.
$0.50
$18.00
8
$30.00
20
Leo's is considering three aggregate planning strategies:
production for 5 employees given 8 hour work day =20 units/hour/employee *5 hours *8 hours/day =800 units/day.Stable workforce set at 4 workers. Chase forecasted
demand using a contract manufacturer to produce
any remaining monthly forecasted demand.
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