Consuelo Chua, Inc., is a Columbian disk drive manufacturer in need of an aggregate plan for July throughDecember. The company has gathered the following data. There are 8 hours of production per day.Holding costSubcontractingRegular-time laborOvertime laborHiring costLayoff costCosts$8/disk drive/Month$80/disk driveMonth$12/hour$18/hour (above 8 hours)$40/worker$80/worker0 June1 July2 August3 September4 October5 November6 DoramharWhat will each of the two following strategies cost?a) Vary the workforce so that production approximates demand. Chua had eight workers on board in June. (Enterall responses as whole numbers).Demand*Fill in the table below. (Enter all responses as whole numbers. In the hire/layoff column, use positive numbers forhires-plus signs omitted; negative numbers for layoffs.)400500550700800700Current workforce (June)Labor-hours/disk driveWorkdays/monthBeginningInventory150Other Data20 daysBeginning Inventory150 disk drives*Ending Inventory0 disk drives*Note that there is no holding cost for June.Plan A8 people4 hoursPersonnelon Staff**8UnitsProducedHire /Layoff

Find the given details below:Note that only one strategy is provided in the question so we have…

Answered: Consuelo Chua, Inc., is a Columbian…

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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