Problem Statement A local semiconductor firm, Superchip, is planning .docx

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Problem Statement A local semiconductor firm, Superchip, is planning its workforce superchip, is planning its workforce and production levels over the next year. The firm makes a variety of microprocessors and uses sales doll production measure. Based on orders received and sales forecasts provide department, the estimate of dollar sales for the next year by month is as follo toprocessors and uses sales dollars as its aggregate ed and sales forecasts provided by the marketing Month Jan Production Days 22 Predicted Demand (in Slok) 340 Feb Mar Apr May Jun Jul 16 21 192320 24 19 23 20 24 380 220 100 490625 375 Aug 12 12 310 Sep Oct No 19 19 | 22 2016 175145120 Inventory holding costs are based on a 25 percent annual interest charge. It is antici there will be 675 workers on the payroll at the end of the current year and inventories will amount to $120,000. The firm would like to have at least $100,000 of inventory at the end of December next year. It is estimated that each worker accounts for an average of $60,000 of production per year (assume that one
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