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Formulate a chase sales and operations plan for a company with the following predicted​ demand:                                                                                                                                                                                                                                                                                                                                                                                                                             Month 1 2 3 4 5 6 Total Demand 55,200 49,600 12,800 24,800 50,400 25,600 218,400   The beginning workforce is 160 employees. The monthly output per employee is 400 units. The cost to hire and lay off a worker are ​$2,500 and ​$3,500​, respectively. The cost to carry an item in inventory for one month is estimated at ​$14, and the stockout cost is $25 per unit. Show the production schedule, the inventory​ levels, and the changes in the workforce from period to period. Compute the​ plan's cost.   Construct the chase sales and operations plan ​(enter your responses as whole numbers​).   Month 1 2 3 4 5 6 Total Demand 55,200 49,600 12,800 24,800 50,400 25,600 218,400 Production

Formulate a chase sales and operations plan for a company with the following predicted​ demand:                                                                                                                                                                                                                                                                                                                                                                                                                             Month 1 2 3 4 5 6 Total Demand 55,200 49,600 12,800 24,800 50,400 25,600 218,400   The beginning workforce is 160 employees. The monthly output per employee is 400 units. The cost to hire and lay off a worker are ​$2,500 and ​$3,500​, respectively. The cost to carry an item in inventory for one month is estimated at ​$14, and the stockout cost is $25 per unit. Show the production schedule, the inventory​ levels, and the changes in the workforce from period to period. Compute the​ plan's cost.   Construct the chase sales and operations plan ​(enter your responses as whole numbers​).   Month 1 2 3 4 5 6 Total Demand 55,200 49,600 12,800 24,800 50,400 25,600 218,400 Production

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 46P
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Formulate a chase sales and operations plan for a company with the following predicted​ demand:
                                                                                                                                                                                                                                                                                                                                                                                                                           
Month
1
2
3
4
5
6
Total
Demand
55,200
49,600
12,800
24,800
50,400
25,600
218,400
 
The beginning workforce is 160 employees. The monthly output per employee is 400 units. The cost to hire and lay off a worker are ​$2,500 and ​$3,500​, respectively. The cost to carry an item in inventory for one month is estimated at ​$14, and the stockout cost is $25 per unit. Show the production schedule, the inventory​ levels, and the changes in the workforce from period to period. Compute the​ plan's cost.
 
Construct the chase sales and operations plan ​(enter your responses as whole numbers​).
 
Month
1
2
3
4
5
6
Total
Demand
55,200
49,600
12,800
24,800
50,400
25,600
218,400
Production
              
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Formulate a chase sales and operations plan for a company with the following predicted demand: Month 1 Demand 55,200 49,600 Month Demand Production 3 4 5 12,800 24,800 50,400 1 55,200 7 The beginning workforce is 160 employees. The monthly output per employee is 400 units. The cost to hire and lay off a worker are $2,500 and $3,500, respectively. The cost to carry an item in inventory for one month is estimated at $14, 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 Construct the chase sales and operations plan (enter your responses as whole numbers). 6 25,600 2 4 49,600 12,800 24,800 Total 218,400 5 50,400 6 25,600 7 Total 218,400 8
Transcribed Image Text:Formulate a chase sales and operations plan for a company with the following predicted demand: Month 1 Demand 55,200 49,600 Month Demand Production 3 4 5 12,800 24,800 50,400 1 55,200 7 The beginning workforce is 160 employees. The monthly output per employee is 400 units. The cost to hire and lay off a worker are $2,500 and $3,500, respectively. The cost to carry an item in inventory for one month is estimated at $14, 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 Construct the chase sales and operations plan (enter your responses as whole numbers). 6 25,600 2 4 49,600 12,800 24,800 Total 218,400 5 50,400 6 25,600 7 Total 218,400 8
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