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Soda pop has the forecast of 1600, 1300, 1600 case for the period 1, 2 and 3 respectively. Production is 180 per employee, Initial workers
Soda pop has the forecast of 1600, 1300, 1600 case for the period 1, 2 and 3 respectively. Production is 180 per employee, Initial workers are 12, Beginning inventory = 100; holding cost=$40 per case; hiring cost 2000 per worker, layoff costs is 4000 per worker, Wage 3000/worker, no inventory in the end of the 3rd period. No backorder. Calculate the only one strategy of your choice from Zero Inventory/Chase or Constant Workforce/Level and answer how much the strategy will cost
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