A large St. Louis feed mill, Robert Orwig Processing, prepares its 6- month aggregate plan by forecasting
Question:
Cost data are as follows:
Regular- time cost per bag ( until April 30) $ 12.00
Regular- time cost per bag ( after May 1) $ 11.00
Overtime cost per bag ( during entire period) $ 16.00
Cost of outside purchase per bag $ 18.50
Carrying cost per bag per month $ 1.00
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