The demand for Quarter 1,2,3,and 4 is the following:
Q1:20,000 Q2:100,000 Q3:60,000 Q4:153,000
Currently the firm has 80 workers who produce 800 units per quarter each.The cost per unit is $35.00.The cost of holding 1 unit per quarter is $1.50.The cost of hiring a worker is $100.When using the pure level strategy, what is the total cost for the year?
Correct Answer:
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