MERIDIAN PUMP WATER CASE STUDY

Opening Stock: 120 units

Desired Closing Stock : 1200 units

Back order Costs : $ 100/ unit

In-house production costs : $ 60 per unit

Subcontract Production costs : $ 81 per unit

Inventory Holding costs : $ 15 / unit/ month

Production Capacity: 30 units per month per worker

There are currently 150 workers employed

Hiring Costs 500$ per worker

Firing Costs 1000$ per worker

Month	-1	1	2	3	4	5	6
Forecast Demand		3780	5040	6720	5460	5040	4200