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The following information relates to a company's aggregate production planning activities: Beginning Workforce =35 workers Production per Employee =1,250 units per quarter Hiring Cost =$500
The following information relates to a company's aggregate production planning activities: Beginning Workforce =35 workers Production per Employee =1,250 units per quarter Hiring Cost =$500 per worker Firing Cost =$1,000 per worker Inventory Carrying Cost =$20 per unit per quarter If a level production strategy is used, then calculate the cost of the level production plan (inventory costs plus hiring and firing costs). The following information relates to a company's aggregate production planning activities: Beginning Workforce =35 workers Production per Employee =1,250 units per quarter Hiring Cost =$500 per worker Firing Cost =$1,000 per worker Inventory Carrying Cost =$20 per unit per quarter If a level production strategy is used, then calculate the cost of the level production plan (inventory costs plus hiring and firing costs)
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