A manager would like to know the total cost of an aggregate production plan that meets the
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A manager would like to know the total cost of an aggregate production plan that meets the forecasts below using a steady regular production rate of 200 units a month, a maximum of 20 units per month of overtime, and subcontracting as needed to make up any shortages. The unit costs are:
Regular production= $35
Overtime = $70
Subcontracting = $80
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Month 1 3 4 5 6 Forecast 230 200 240 240 250 240
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Initial Plan No Overtime No Subcontracting Observe the months with backorder Those are the months in ...View the full answer
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Related Book For
Operations Management
ISBN: 9781259270154
6th Canadian Edition
Authors: William J Stevenson, Mehran Hojati, James Cao
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