State how the long term capacity and the short term compacity considerations differ

5. Formulate a level sales and operations plan for a company with the following predicted demand: Month Demand 6,300 2 9,000 3 6,000 4 9,000 5 15,000 6 6,000 Total 51,300 The beginning workforce is 125 employees. The monthly output per employee is 150 units. The costs to hire and lay off a worker are $2,500 and $4,000, respectively. The cost to carry an item in inventory for one month is estimated at $10, and the stockout cost is $25 per unit. Show the production schedule, the inventory levels, and the changes in workforce from period to period. Compute the plan's cost.

How does planning for capacity in service differ from planning for capacity in manufacturing?

Describe the importance of and your approach to managing capacity and demand. In your response, try to answer the following not as separate questions but as one cohesive response to describe your understanding of and approach to capacity planning and demand. • Describe what the strategies are for matching capacity to demand.• Why is it important to come up with this strategy?• Which strategy will you use?• How will you go about understanding what your capacity is?• How will you go about understanding what your demand is?