## (Answered) Use the following data: A company has the following demand for

Use the following data:

A company has the following demand for
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Use the following data:,

A company has the following demand for the next six months,

MONTH | DEMAND | WORKING DAYS |,

January | 500 | 21 |,

February | 630 | 20 |,

March | 580 | 22 |,

April | 520 | 19 |,

May | 510 | 20 |,

June | 560 | 18 |,

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,

Assume that an employee contributes 8 regular working hours per day. Overtime capacity is limited to a maximum of 25% of regular time capacity. In addition, the following data are available.,

Time to produce one unit | 4 hours |,

Shortage cost | \$10.00/unit/month |,

Beginning inventory | 0 |,

Inventory,

Carrying Cost | \$2.00/unit/month |,

Hiring Cost/Worker | \$100 |,

Firing Cost/Worker | \$100 |,

Regular Time Labor Cost | \$10/hour |,

Overtime Labor Cost | 20% more than the regular cost |,

-------------------------------------------------,

Round the number of workers to the next higher integer and production to the nearest lowest integer.,

,

Suppose chase policy is being used, that is, the number of workers is changed every month to match demand with capacity. How many workers will you fire in March? (Note: you do not need the beginning number of workers to solve this problem).,

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