Subject:ec Complete the level production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you complete the plan comeyour hiring, layoff, and inventory costs should match those given here.Click the icon to view the costs table.Click the icon to view the forecasted sales.Fill in the production plan table below (enter your responses rounded to the nearest whole number).Workersneeded tomeet salesaverage-250MonthMarchForecastedsales1,509Sales inworkerhours0Actual Actualworkers production237Layoffs HiringEndinginventory1,500 TotalsCostsCost of planPlanning valuesStarting inventoryStarting and ending workforceHours worked per month per workerHours per unitHiring cost per workerLayoff cost per workerMonthly per-unit holding costShow Transcribed TextPrintGMonthMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryLayoff13$19,500DoneCForecastedsales1,5091,4221,1451,0331,4201,9322,4862,5662,9662,9692,5472,005Hiring13$52,000$461,530Inventory39,003$390,0301,500237405$4,000$1,500$10

Forecasted sales= already given to usSales in worker hours= Forecasted sales*Hours per…

Answered: Fill in the production plan table below…

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Fill in the production plan table below (enter your responses rounded to the nearest whole number)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Subject:ec

Complete the level production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you complete the plan come
your hiring, layoff, and inventory costs should match those given here.
Click the icon to view the costs table.
Click the icon to view the forecasted sales.
Fill in the production plan table below (enter your responses rounded to the nearest whole number).
Workers
needed to
meet sales
average-250
Month
March
Forecasted
sales
1,509
Sales in
worker
hours
0
Actual Actual
workers production
237
Layoffs Hiring
Ending
inventory
1,500

Totals
Costs
Cost of plan
Planning values
Starting inventory
Starting and ending workforce
Hours worked per month per worker
Hours per unit
Hiring cost per worker
Layoff cost per worker
Monthly per-unit holding cost
Show Transcribed Text
Print
G
Month
March
April
May
June
July
August
September
October
November
December
January
February
Layoff
13
$19,500
Done
C
Forecasted
sales
1,509
1,422
1,145
1,033
1,420
1,932
2,486
2,566
2,966
2,969
2,547
2,005
Hiring
13
$52,000
$461,530
Inventory
39,003
$390,030
1,500
237
40
5
$4,000
$1,500
$10

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