Zanda Corporation Is Preparing an Aggregate Production Plan for Its

question 11

Multiple Choice

Zanda Corporation is preparing an aggregate production plan for its product for the next four months.The company's expected monthly demand is given in the following chart.The company will have 100 units in inventory at the beginning of the month and wishes to maintain at least 100 units at the end of each month.Following is other critical data: Production cost per unit = $125
Inventory carrying cost per month per unit = $10 (based on ending month inventory) Hiring cost per worker = $50
Firing cost per worker = $100 Beginning number of workers = 25
Each worker can produce 25 units per month.
The total inventory carrying cost of a chase plan is:

• A)$6,000
• B)$4,000
• C)$5,000
• D)$4,500

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Definitions:

Empirical Test

A process of using direct or indirect observation or experience to gather evidence and test hypotheses or theories.

Systematic Observation

A structured method of data collection where phenomena or behaviors are consistently monitored according to specific criteria and recorded for analysis.

Superordinate Goals

Objectives that require the cooperation of two or more opposing groups, leading to collaboration and reducing conflict.

Sherif's Research

Refers to the work of Muzafer Sherif, known for his studies on social norms, conformity, and the Robbers Cave Experiment illustrating intergroup conflict and cooperation.