Business, 05.03.2022 04:40 anthonylopez1

The demand for Bioway Inc. follows an up and down pattern. The quarterly demand is forecasted as below for this company: Quarter Demand forecast 1 70,000 2 100,000 3 50,000 4 150,000 The company’s accounting department has done extensive research and found the following information: Beginning workforce = 40 workers Production per employee = 1,250 units per quarter Hiring cost = $413 per worker Firing cost = $500 per worker Inventory carrying cost = $2.1 per unit per quarter Regular production cost = $10 per unit The company also mandates a 40 hour work week with no overtime or subcontracting. At the end of each year, the company would like to zero out their inventory (i. e., have zero ending inventory). Given the above information, what is the cost of Level strategy? Provide your answers as a number without units or commas. For example, if the answer is $2,450,000 then input 2450000.

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The demand for Bioway Inc. follows an up and down pattern. The quarterly demand is forecasted as bel...

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