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Management of company B 2 K wishes to level the number of employees needed each day so no hiring or layoffs will be required during
Management of company wishes to level the number of employees needed each day so no hiring or layoffs will be required during the year. Information:
Beginning inventory: units
Ending inventory: units
Inventory holding cost: $ per unit per quarter charged for ending stock, not the average inventory
No backorders allowed
No variation in size of workforce allowed
Overall output rate units per day per employee
a What daily production rate will be required to meet the demand forecast and yield zero inventory at the end of quarter
b How many employees will be required each day? What are the inventory levels and costs each quarter?
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