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lan B: Vary the workforce to produce the prior month's demand. The firm produced 1,300 units in June. The cost of hiring additional workers is $35 er unit produced. The cost of layoffs is $65 per unit cut back. (Enter all responses as whole numbers.) lote: Both hiring and layoff costs are incurred in the month of the change (i.e., going from production of 1,300 in July to 1300 in August requires a ayoff (and related costs) of 0 units in August). Month 1 2 3 September 4 October 5 November 6 December July August Demand 1300 1150 1100 1600 1900 1900 Production Hire Layoff Ending Stockouts (Units) (Units) Inventory (Units)

lan B: Vary the workforce to produce the prior month's demand. The firm produced 1,300 units in June. The cost of hiring additional workers is $35 er unit produced. The cost of layoffs is $65 per unit cut back. (Enter all responses as whole numbers.) lote: Both hiring and layoff costs are incurred in the month of the change (i.e., going from production of 1,300 in July to 1300 in August requires a ayoff (and related costs) of 0 units in August). Month 1 2 3 September 4 October 5 November 6 December July August Demand 1300 1150 1100 1600 1900 1900 Production Hire Layoff Ending Stockouts (Units) (Units) Inventory (Units)

Practical Management Science
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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Plan B: Vary the workforce to produce the prior month's demand. The firm produced 1,300 units in June. The cost of hiring additional workers is $35 per unit produced. The cost of layoffs is $65 per unit cut back. (Enter all responses as whole numbers.) Note: Both hiring and layoff costs are incurred in the month of the change (i.e., going from production of 1,300 in July to 1300 in August requires a layoff (and related costs) of 0 units in August). Month 1 July 2 August 3 September 4 October 5 November 6 December Demand 1300 1150 1100 1600 1900 1900 Production Hire Layoff Ending (Units) (Units) Inventory Stockouts (Units)
Transcribed Image Text:Plan B: Vary the workforce to produce the prior month's demand. The firm produced 1,300 units in June. The cost of hiring additional workers is $35 per unit produced. The cost of layoffs is $65 per unit cut back. (Enter all responses as whole numbers.) Note: Both hiring and layoff costs are incurred in the month of the change (i.e., going from production of 1,300 in July to 1300 in August requires a layoff (and related costs) of 0 units in August). Month 1 July 2 August 3 September 4 October 5 November 6 December Demand 1300 1150 1100 1600 1900 1900 Production Hire Layoff Ending (Units) (Units) Inventory Stockouts (Units)
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