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Q) Wetski currently maintains a steady production level at the average demand all year around and does not hire or fire workers. Fill all blank
Q) Wetski currently maintains a steady production level at the average demand all year around and does not hire or fire workers. Fill all blank spaces in the following table so that it represents an aggregate production plan based on Wetski's current production and hiring policy. What is the total cost of this plan? Regular production cost = $55 per unit Production rate = 750 units/worker/quarter Overtime production cost = $82 per unit Holding cost = $4 per unit per quarter Subcontracting cost $77 per unit Backorder cost = $80 per unit per quarter Opening workforce level = 11 Hiring cost = $140 per worker Overtime capacity = 2500 units per quarter Firing cost = $550 per worker Subcontracting capacity = 1000 units per quarter Opening inventory = 0 NOT: Draw the table format given below on the answer sheet and fill it in for this question Quarter Demand Total Workforce Inventory Regular Overtime Subcontract Hiring Firing (units) Prod. Prod. Prod. Fall 3700 Winter Spring 14500 Summer 21000 4600
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