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Using the given information below, determine the following: a) Production Capacity b) Max Overtime Available Hiring Cost (per new employee) 1000 Lay-off cost (per laid

Using the given information below, determine the following:

a) Production Capacity

b) Max Overtime Available

Hiring Cost (per new employee) 1000
Lay-off cost (per laid off employee) 2000
Regular Time Labour, $ 15
Overtime Labour 22
Subcontracting cost (per unit) 0
Inventory carrying cost (per unit per month) 3
Material cost (per unit), 40
Selling Price (per unit) 125
Starting Inventory, Jan. 5000
Desired Ending Inventory 5000
Overtime Limit (number of units produced per employee) 20
Production Capacity (per employee per month)
Starting Workforce 250
# of labour hours required per sink 2
# of hours/day 8
# of days/month 20
# of hours/month 160
overtime limit of hours per employee 20

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