The Mr. Rifkı Çakıl Company can obtain accurate forecasts for 5 months based on firm orders. These forecasts and the number of workdays per month are as follows: Month Demand forecast Workdays (in thousands of cookies) 850 26 2 1060 22 3. 510 20 4. 980 18 770 22 During a 100-day period when were 100 workers, the firm produced 1,700,000 cookies. Assume that there are 120 workers employed at the beginning of month1. Assume inventory cost is 2$ per cookies per month and producing cost is $3 per cookies. Hiring cost and firing cost per worker is $100 and $200 per worker. Develop a constant workforce plan without backorder case.

The Mr. Rifkı Çakıl Company can obtain accurate forecasts for 5 months based on firm orders. These forecasts and the number of workdays per month are as follows: Month Demand forecast Workdays (in thousands of cookies) 850 26 2 1060 22 3. 510 20 4. 980 18 770 22 During a 100-day period when were 100 workers, the firm produced 1,700,000 cookies. Assume that there are 120 workers employed at the beginning of month1. Assume inventory cost is 2$ per cookies per month and producing cost is $3 per cookies. Hiring cost and firing cost per worker is $100 and $200 per worker. Develop a constant workforce plan without backorder case.

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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