Wiedmer Corporation Is Preparing an Aggregate Production Plan for Widgets

question 8

Multiple Choice

Wiedmer Corporation is preparing an aggregate production plan for widgets for the next four months.The company's expected monthly demand is given in the following chart.The company will have 50 widgets in inventory at the beginning of the first month and wishes to maintain at least that number at the end of each month.Following is other critical data: Production cost per unit = $50
Inventory carrying cost per month per unit = $10 (based on ending month inventory)
Hiring cost per worker = $300
Firing cost per worker = $200
Beginning number of workers = 16
Each worker can produce 50 units per month.
What is the inventory carrying cost of a chase plan accomplished through hiring and firing?

• A)0
• B)$200
• C)$1,000
• D)$2,000

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Definitions:

Participant Observation

A qualitative research method where the researcher immerses themselves in a group or setting to observe and participate in the activities being studied.

Ethnographers

Researchers who study human cultures by observing and often participating in the daily life of the communities they study.

Autoethnography

A form of participant observation where the feelings and actions of the researcher become a focal point of the ethnographic study.

Life History

An approach to interviewing that asks for a chronological account of the respondent’s entire life or some portion of it.