A manager is an app tempting to put together an aggregate plan for the coming year. She has obtained a forecast of expected demand for the planning horizon. The plan must deal with highly seasonal demand as can be seen from the following forecasts: Period 1 2 3 4 5 6 7 8 9
Forecasts demand (units) 190 230 260 280 210 170 160 260 180

The department has 20 full-time operators, each of whom can produce 10 units of output per period. Starting inventory is 40 units and 20% is safety stock.

Cost
Inventory holding cost $5 per unit
Hiring and training cost $300 per worker
Layoff cost $500 per worker
Cost of subcontracting $30 per unit
Regular-time cost $4 per hour
Overtime cost $6 per hour
Backlog cost $10 per unit
A. Determine the total cost of the plan for strategies as below:
a. Hiring and firing, no overtime
b. Constant workforce
c. Subcontracting
B. Which strategy provided the lowest cost?

Required information lansing company’s 2017 income statement and selected balance sheet data (for current assets and current liabilities) at december 31, 2016 and 2017, follow. lansing company income statement for year ended december 31, 2017 sales revenue $130,200 expenses cost of goods sold 53,000 depreciation expense 17,500 salaries expense 29,000 rent expense 10,100 insurance expense 4,900 interest expense 4,700 utilities expense 3,900 net income $7,100 lansing company selected balance sheet accounts at december 31 2017 2016 accounts receivable $6,700 $8,000 inventory 3,080 2,090 accounts payable 5,500 6,800 salaries payable 1,100 810 utilities payable 440 270 prepaid insurance 370 500 prepaid rent 440 290 required: prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method. (amounts to be deducted should be indicated with a minus sign.)