Firm aggregate demand requirements

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Reference no: EM132274811

The president of Hill Enterprises. Terri Hill, projects the firm's aggregate demand requirements over the next 6 month as follows:

January 1,600

February 2,500

March 1,800

April 2,000

May 1,900

June 2,200

Her operation manager is considering a new plan. Stockout cost of lost sales is $100.

Develop a constant work force model for this problem that will produce the average demand of this 6 months period in each month. Determine the total cost of this plan.

Her operations manager is considering a new plan. Stock cost of lost sales is $100 per unit. Inventory holding cost is $20 per unit per month. Ignore any idle-time costs.

Reference no: EM132274811

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