Caltex uses overtime, inventory, and subcontracting to absorb fluctuations in demand. An annual production plan is devised
Question:
Regular production cost per unit .........$10
Overtime production cost per unit .......$15
Subcontracting cost per unit ..........$20
Inventory holding cost per unit per period ....$2
Transcribed Image Text:
Regular Overtime Subcontracting Capacity 500 500 500 500 Period Demand CapacityCapacity 1500 1900 1000 500 1000 2000 1000 1000 200 200 200 200
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Related Book For
Operations Management Creating Value Along the Supply Chain
ISBN: 978-0470525906
7th Edition
Authors: Roberta S. Russell, Bernard W. Taylor
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