Question: Consider the following aggregate planning problem for one quarter: REGULAR TIME OVERTIME SUBCONTRACTING Production capacity/month 1,000 200 150 Production cost/unit $5 $7 $8 Assume that
Consider the following aggregate planning problem for one quarter:
REGULAR TIME OVERTIME SUBCONTRACTING Production capacity/month 1,000 200 150 Production cost/unit $5 $7 $8 Assume that there is no initial inventory and a forecasted demand of 1,250 units in each of the 3 months. Carrying cost is $1 per unit per month. Solve this aggregate planning problem for Production Manager Victor Shi using the transportation method. lop52
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