Paper instructions:
The personnel department of the A&M Corporation want how many workers will be needed each month for the next six-month production period. The following is monthly demand forecast for the six-month period.
Month Forecast Demand
July 1250
August 1100
September 950
October 900
November 1000
December 1150
The inventory 0n hand at the end of June was 500 unites. The company wants to maintain a minimum inventory of 300 unites each month and would like to have 400 unites on hand at the end of December. Each unite requires five employee-hours to produce there are 20 working days each month, and each employee workers an eight-hour day. The workforce at the end of June was 35 workers.
a. Determine a minimum inventory production plan(i.e. one that allows arbitrary miring and firing)
b. Determine the production plan that meets demand but does not hire or fire workers during the six-month period.
