The Following Information Relates to a Company's Aggregate Production Planning

question 64

Multiple Choice

The following information relates to a company's aggregate production planning activities: Beginning Workforce = 50 workers
Production per Employee = 250 units per quarter
Hiring Cost = $1000 per worker
Firing Cost = $1,500 per worker
Inventory Carrying Cost = $15 per unit per quarter
If a level production strategy is used then the total cost of the plan (hiring cost,firing cost and inventory carrying cost) is

• A)$120,000.
• B)$377,500.
• C)$675,000.
• D)$795,000.

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Treasury-Bill Rate

The yield or interest rate on U.S. government short-term debt instruments, such as treasury bills, which are considered among the safest investments.

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