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

question 88

Multiple Choice

The following information relates to a company's aggregate production planning activities: Beginning Workforce = 35 workers
Production per Employee = 1,250 units per quarter
Hiring Cost = $500 per worker
Firing Cost = $1,000 per worker
Inventory Carrying Cost = $20 per unit per quarter
If a level production strategy is used then the number of workers required for the plan is

• A) 35.
• B) 75.
• C) 100.
• D) 125.

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Definitions:

Self-Perception Theory

The theory that people sometimes infer their attitudes and attributes by observing their behavior and the situation in which it occurs.

Appearance Of Scarcity

The perception that a resource is scarce, which can increase its demand and perceived value.

Norm Of Reciprocity

An explanation for why we give help: If I help you today, you might be more likely to help me tomorrow.

Self-Perception Theory

A psychological model suggesting that individuals determine their attitudes and preferences by interpreting their own behavior.