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The following information relates to a company's aggregate production planning activities: Quarter Demand Forecast 37,500 45,000 25,000 4 62,500 Beginning Workforce = 125 workers Production
The following information relates to a company's aggregate production planning activities: Quarter Demand Forecast 37,500 45,000 25,000 4 62,500 Beginning Workforce = 125 workers Production per Employee = 500 units per quarter Hiring Cost = $750 per worker Firing Cost = $1,500 per worker Inventory Carrying Cost = $10 per unit per quarter Regular Production cost = $5 per unit If a chase demand strategy is used, the total number of workers Hired for the entire year: 90 50 oo 75
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