In this problem we have a company's aggregate production planning activities:QuarterDemand Forecast141,500245,000325,000462,500Beginning Workforce = 87 workersProduction per Employee = 500 units per quarterHiring Cost = $850 per workerFiring Cost = $1,600 per workerInventory Carrying Cost = $8 per unit per quarterRegular Production cost = $ 4 per unitIf a Level Production strategy is used, the annual inventory cost is:1400069000168000O 172000

As per Level Production Strategy, production in each period will be equal. Regular Production per…

Answered: If a Level Production strategy is used,…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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If a Level Production strategy is used, the annual inventory cost is: 14000 69000 168000 172000