=+6. (**) Complete the level production plan, using the following information. The only costs you need to

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=+6. (**) Complete the level production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you complete the plan correctly, your hiring, layoff, and inventory costs should match those given here.

LAYOFF HIRING INVENTORY Totals: 250 250 12,000 Costs: $500,000 $750,000 $72,000 Cost of plan: $1,322,000 Planning values Starting inventory: 1,000 Starting and ending workforce: 227 Hours worked per month per worker: 160 Hours per unit: 20 Hiring cost per worker: $3,000 Layoff cost per worker: $2,000 Monthly per-unit holding cost: $6

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Introduction To Operations And Supply Chain Management

ISBN: 9781292291581

5th Global Edition

Authors: Cecil B. Bozarth, Robert B. Handfield

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