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this question does not specify how many people were hired so be mindful of that before answering. thanks A small company produces recreational vehicles. The
this question does not specify how many people were hired so be mindful of that before answering. thanks
A small company produces recreational vehicles. The marketing manager has developed the following forecasts (in units): Total Month Mar Apr May Jun Jul Aug Sep 50 359 Forecast 50 44 55 60 60 40 Use the following information: Regular labour cost Overtime labour cost Regular capacity $240 per unit $360 per unit 40 units per month, using 5 workers Overtime capacity 8 units per month Holding cost $30 per unit per month Back-order cost $100 per unit per month Beginning inventory 0 Desired ending inventory 0 Hiring cost $2,000 per worker Develop the minimum cost production plan and compute its total cost Step by Step Solution
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