Construct a plan that holds employment steady (level strategy) by producing the average forecast for all four quarters (enter your responses as whole numbers). 2 Quarter 2 3 Forecast 1,900 1,200 1,600 800 Level Plan Ending Hire Production Inventory Shortage (Units) 1,300 1,375 1375 1375 1375 0 0 0 525 350 575 0 not including normal time labor costs, for this level plan is S 75 0 0 0 Layoff (Units) 0000 (enter your response as a
Construct a plan that holds employment steady (level strategy) by producing the average forecast for all four quarters (enter your responses as whole numbers). 2 Quarter 2 3 Forecast 1,900 1,200 1,600 800 Level Plan Ending Hire Production Inventory Shortage (Units) 1,300 1,375 1375 1375 1375 0 0 0 525 350 575 0 not including normal time labor costs, for this level plan is S 75 0 0 0 Layoff (Units) 0000 (enter your response as a
Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter7: Planning And Goal Setting
Section: Chapter Questions
Problem 2ED
Related questions
Question
![The total cost, including normal time labor costs, for this hiring and layoffs plan is $ 310,000 (enter your response
as a whole number).
Construct a plan that holds employment steady (level strategy) by producing the average forecast for all four
quarters (enter your responses as whole numbers).
Quarter
1
2
Level Plan
Ending
Hire
Forecast Production Inventory Shortage (Units)
1,300
1,375
1375
1375
1375
1,900
1,200
1,600
800
0
0
0
525
350
575
0
75
0
0
0
Layoff
(Units)
0
0
0
The total cost, including normal time labor costs, for this level plan is $ (enter your response as a
whole number).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbf019715-463c-43e2-83f6-e22af19edc6b%2F040502ad-f277-473d-92ff-e3cbde1f596d%2Fnp25riw_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The total cost, including normal time labor costs, for this hiring and layoffs plan is $ 310,000 (enter your response
as a whole number).
Construct a plan that holds employment steady (level strategy) by producing the average forecast for all four
quarters (enter your responses as whole numbers).
Quarter
1
2
Level Plan
Ending
Hire
Forecast Production Inventory Shortage (Units)
1,300
1,375
1375
1375
1375
1,900
1,200
1,600
800
0
0
0
525
350
575
0
75
0
0
0
Layoff
(Units)
0
0
0
The total cost, including normal time labor costs, for this level plan is $ (enter your response as a
whole number).
![Costs/Other Data
Previous quarter's output = 1,300 cases
Beginning inventory = 0 cases
Stockout cost of backorders = $140 per case
Inventory holding cost = $45 per case at end of quarter
Hiring employees = $40 per case
Terminating employees = $70 per case
Subcontracting cost = $65 per case
Unit cost on regular time = $30 per case
Overtime cost = $10 extra per case
Capacity on regular time = 1,900 cases per quarter
valua
ast
еса:
s wh](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbf019715-463c-43e2-83f6-e22af19edc6b%2F040502ad-f277-473d-92ff-e3cbde1f596d%2Fuj9qdag_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Costs/Other Data
Previous quarter's output = 1,300 cases
Beginning inventory = 0 cases
Stockout cost of backorders = $140 per case
Inventory holding cost = $45 per case at end of quarter
Hiring employees = $40 per case
Terminating employees = $70 per case
Subcontracting cost = $65 per case
Unit cost on regular time = $30 per case
Overtime cost = $10 extra per case
Capacity on regular time = 1,900 cases per quarter
valua
ast
еса:
s wh
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