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Opening Stock: 80 units Desired Closing Stock : 300 units Back order Costs : $ 70/ unit In-house production costs : $ 49.5 per unit
Opening Stock: 80 units
Desired Closing Stock : 300 units
Back order Costs : $ 70/ unit
In-house production costs : $ 49.5 per unit
Subcontract Production costs : $ 75 per unit
Inventory Holding costs : $ 15 / unit/ month
Production Capacity: 25 units per month per worker
There are currently 80 workers employed
Hiring Costs 450$ per worker
Firing Costs 1200$ per worker
Forecast Demand | 2100 | 2700 | 3500 | 3090 | 2700 | 2200 |
1. Compute the total using this sheet for Chase strategy, Level and Subcontract.
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