Cost

Qtr 1 2 3 4 5 6 7 8 Total Hrs

Incurred

Forecast
demand
(hrs) 4200 6400 3000 4800 4400 6240 3600 4800
Workforce
level 11 11 11 11 11 11 11 11
Workforce
Hrs 5280 5280 5280 5280 5280 5280 5280 5280 42240 $633,600
Undertime
Hrs 1080 0 2280 480 880 0 1680 480 6880
Hired 3 3 $30,000
Overtime
Hrs 0 1120 0 0 0 960 0 0 2080 $41,600
Laid Off 0 $0
Total Cost $705,200
Regular Employee works for 480 Hrs 480
Regular employee Salary $7,200
Addl Overtime per employ 120
Overtime rate for employe $20
Hiring cost of new emplo $10,000
Firing cost of employee $4,000
So Hourly rate of Employe $15
Overtime Rate as % of Normal rate 133% of Normal rate
 Cost
Qtr 1 2 3 4 5 6 7 8 Total Hrs
Incurred

Forecast
demand
(hrs) 4200 6400 3000 4800 4400 6240 3600 4800
Workforce
level 9 14 7 10 10 13 8 10
Workforce
Hrs 4320 6720 3360 4800 4800 6240 3840 4800 38880 $583,200
Undertime
Hrs 120 320 360 0 400 0 240 0 1440
Hired 1 5 3 0 3 2 14 $140,000
Overtime
Hrs 0 0 0 0 0 0 0 0 0 $0
Laid Off 7 5 12 $48,000
Total Cost $771,200
Regular Employee works for 480 H 480
Regular employee Salary $7,200
Addl Overtime per emplo 120
Overtime rate for emplo $20
Hiring cost of new empl $10,000
Firing cost of employee $4,000
So Hourly rate of Emplo $15
Overtime Rate as % of Normal rate133% of Normal rate
 Cost
Qtr 1 2 3 4 5 6 7 8 Total Hrs
Incurred

Forecast
demand
(hrs) 4200 6400 3000 4800 4400 6240 3600 4800
Workforce
level 9 11 9 9 9 11 9 9
Workforce
Hrs 4320 5280 4320 4320 4320 5280 4320 4320 36480 $547,200
Undertime
Hrs 120 0 1320 0 0 0 720 0 2160
Hired 1 2 0 0 2 0 5 $50,000
Overtime
Hrs 0 1120 0 480 80 960 0 480 3120 $62,400
Laid Off 2 2 4 $16,000
Total Cost $675,600
Regular Employee works for 480 H 480
Regular employee Salary $7,200
Addl Overtime per emplo 120
Overtime rate for emplo $20
Hiring cost of new empl $10,000
Firing cost of employee $4,000
So Hourly rate of Emplo $15
Overtime Rate as % of Normal rate133% of Normal rate