Complete the level production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. 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 Month Ending inventory March April May June July August September October November December January February Forecasted sales 1,592 1,400 1,200 1,000 1,504 1,992 2,504 2,504 3,000 3,000 2,504 1,992 Sales Needed Actual (workers) workers Workers Actual production Layoffs Hiring

Complete the level production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. 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 Month Ending inventory March April May June July August September October November December January February Forecasted sales 1,592 1,400 1,200 1,000 1,504 1,992 2,504 2,504 3,000 3,000 2,504 1,992 Sales Needed Actual (workers) workers Workers Actual production Layoffs Hiring

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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