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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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