Question

Instructions: Please fill the following Aggregate Planning table by using the Chase Demand strategy,when the following information is available. Beginning Inventory = 98

Beginning Workers = 11

Each worker can produce 5 pieces per month

Cost of producing 1 unit by means of Regular Production = 37 ($/unit)

Cost of holding 1 unit in inventory during 1 cycle = 6 ($/(unit*period))

Cost of hiring 1 worker = 434 ($/worker)

Cost of firing 1 worker = 4489 ($/worker)

(Write the numbers only, without any commas or any other symbol) What is the total cost of the system ($)? = ______ (Write the number only, without any commas or any other symbol, for example 3992903)

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