Solution to Assignment 3

375 0375321218 left inventory from jul so we only need

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Unformatted text preview: r the rest part. Use the same technique and you can get the above table. In this case, total cost=30480. You can also get this result by adjusting net demand using left inventory from the previous period. So constant workforce is better. 2. Adjust workforce at the end of August: Cum Number of Cum Number Number of Period Demand July 750 750 32 32 24 928 178 August 1100 1850 32 64 29 1856 6 September 944 944 32 32 30 1120 176 October 900 1844 32 64 29 2240 396 November 1000 2844 32 96 30 3360 516 December 1550 4394 32 128 35 4480 86 Demand units/wkr of units/wkr wkrs Cum Prod. Inv. 1358 At the beginning of Sep, adjusted demand=950-6=944 During July and August, use W1=29 workers. During Sep through Dec, use W2=35 workers. Total cost=Inventory cost+Firing cost at the beginning+Hiring cost at the end of Aug =10*(1358+400)+600*(35-29)+500*(35-29) =$24180...
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This document was uploaded on 02/22/2014 for the course MIE fwf at University of Toronto- Toronto.

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