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The next set of questions is about the LEVEL Demand Schedule: In order to answer the following questions, complete the LEVEL production plan, using
The next set of questions is about the LEVEL Demand Schedule: In order to answer the following questions, complete the LEVEL production plan, using the following information. The only costs you need to consider here are production, layoff, hiring, and inventory costs. Cabinet Set Planning Values Regular production cost $2,000 per cabinet set Overtime production cost $2,062 per cabinet set Hours per cabinet set: 20 hours Monthly per-unit inventory holding cost: $40 per cabinet set, per month Production Planning Values Starting inventory: 100 units Starting and ending workforce: 100 workers Maximum regular production per month 848 cabinet sets Allowable overtime production per month 1/10 of regular production Workforce Planning Values Hours worked per month per worker: 160 hours
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