question archive Complete the level production? Plan, using the following information
Complete the level production? Plan, using the following information
Subject:ManagementPrice: Bought3
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, you? Hiring, layoff, and inventory costs should match those given here.
Layoff Hiring Inventory
Totals 24 24 54,420
Costs $72.000 $84,000 $217,680
Cost of plan $373,680
Planning values
Starting inventory 3,000
Starting and ending workforce 262
Hours worked per month per worker 105
Hours per unit 15
Hiring cost per worker $3,500
Layoff cost per worker $3,000
Monthly per-unit holding cost $4
Month Forecasted sales
March 1,681
April 1,342
May 1,168
June 1,035
July 1,580
August 1,921
September 2,585
October 2,467
November 3,055
December 2,950
January 2,565
February 1,675
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Month |
Forecasted Sales |
Sales in worker hours |
Workers needed to meet sales Average equal=286 |
Actual workers |
Actual Production |
Layoffs |
Hiring |
Ending inventory |
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March |
1681 |
25215 |
240 |
286 |
2002 |
0 |
24 |
3321 |
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April |
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May |
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June |
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July |
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Aug |
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Sept |
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Oct |
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Nov |
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Dec |
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Jan |
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Feb |
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