Plan B: Vary the workforce to produce the prior month's demand. Demand was 1,300 units in June. The cost of hiring additional workers is $30 per unit produced. The cost of layoffs is $60 per unit cut back. (Enter all responses as whole numbers.) Note: Both hiring and layoff costs are incurred in the month of the change (i.e., going from production of 1,300 in July to 1200 in August requires a layoff (and related costs) of 100 units in August). Month 1 2 3 September 4 October 5 November 6 December July August Demand 1200 1300 1200 1700 1650 1650 Production 1300 1200 1300 1200 1700 1650 Hire (Units) 0 100 0 500 0 0 Layoff (Units) 300 0 100 0 50 0 Ending Inventory 0 0 0 0 0 0 Stockouts (Units) 0 0 0 0 0
Plan B: Vary the workforce to produce the prior month's demand. Demand was 1,300 units in June. The cost of hiring additional workers is $30 per unit produced. The cost of layoffs is $60 per unit cut back. (Enter all responses as whole numbers.) Note: Both hiring and layoff costs are incurred in the month of the change (i.e., going from production of 1,300 in July to 1200 in August requires a layoff (and related costs) of 100 units in August). Month 1 2 3 September 4 October 5 November 6 December July August Demand 1200 1300 1200 1700 1650 1650 Production 1300 1200 1300 1200 1700 1650 Hire (Units) 0 100 0 500 0 0 Layoff (Units) 300 0 100 0 50 0 Ending Inventory 0 0 0 0 0 0 Stockouts (Units) 0 0 0 0 0
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 21P
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