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You will find that some resources are labor-based while others are not. For example, let's say you had one person initially scheduled for a job and it was going to take ten days. Later on, you found that you could add another person on that job. If it is resource/ labor based, then the time would be reduced to five days. This is something that you need to be mindful of when creating your tables. Include with your assessment files your response to the following question:
• In one paragraph provide an example where the time for an activity would be reduced if you added more labor and an example where that would not be the case.
1. The annual demand for a product is 8,000 units. The order cost is $30 for a single order. The cost of the item is $10 and the holding cost has been calculated at $3 to carry one
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