Question
the president of Hill Enterprises, Tem Hill, projects the firm's aggregate demand requirements over the next & months as follows January May 2,300 June 2.100
the president of Hill Enterprises, Tem Hill, projects the firm's aggregate demand requirements over the next & months as follows January May 2,300 June 2.100 February March Apri July 1,900 August 1,000 Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales is $100 per unt, inventory holding cost is $25 per unit per month Ignore any ide-time costs. The plan is called plan A Plan A: Vary the workforce level to execute a strategy that produces the quantity demanded in the pror month. The December demand and rate of production are both 1,000 units per month. The cost of hiring additional workers is $50 per unit. The cost of laying off workers is $75 per unit. Evaluate this plan (Enter all responses as whole numbers) Note Both hiring and layoff costs are incurred in the month of the change. For example, going from 1,600 in January to 1.200 in February incurs a cost of layoff for 400 units in February Period Month 0 December 1 January 2 February 3 March 4 April 5 May 6 June 7 July August 1,200 1,500 1,800 1,800 Demand Production 1,600 1.600 1,200 1,600 1.500 1.200 1,000 1,500 1,600 1.800 2,300 2.100 1,900 1.900 Hide Transcribed Text 1,000 2,300 2,100 1,500 Hire (Units) U ST E n H H T 15 D Layoff (Units) (Enter your response as a whole number.) || H Bel IM H U The total cost of hirings <=8 (Enter your response as a whole number.) The total cost of layoffs H H Ending Inventory 200 Hide Transcribed Text The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: Her operasions manager is considering a new plan, which begins in January with 200 units of inventory on hand. Slockout cost of lost sales is $100 E per unit. Inventory holding cost is 525 per unit per month. Ignore any idle-time costs. The plan is called plan A. Plan A Vary the workforce level to execute a strategy that produces the quantiy demanded in the poor month. The December demand and fate of production are both 1,600 units per month. The cost of hirng additional workers is $50 per unit. The cost of laying oft workers is $75 Stockouts (Units) per unit. Evaluate this plan. (Enter all responses as whole numbers.) Note: Both hiring and layoff costs are incurred in the month of the change. For example, going from 1,600 in January to 1,200 in Fobruary incurs a cost of layolf for 400 units in Fobruary The total cost of hirings $ (Enter your response as a whole number.) The total cost of layoffs=$(Enter your response as a whole number) The total inventory carrying cost $ (Enter your response as a whole number.) The total stockout cost = $ (Enter your response as a whole number) The total cost, excluding normal time labor costs, is = $ (Enter your response as a whole number) (Enter your response as a whole number.) The total inventory carrying cost $ (Enter your response as a whole number.) The total stockout cost =$ (Enter your response as a whole number.) The total cost, excluding normal time labor costs, is
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