Medaas Electronics is a fictional producer of laser printers. The company€™s production planner, Christian Medaas, has developed the following cost data (in U.S. dollars):

Regular time cost: $80 per printer.

Overtime cost: $120 per printer.

Subcontracting cost: $140 per printer.

Inventory carrying cost: $10 per printer per month.

For the next 6 months, the forecasted demand and the available capacity for printers are given in the following table:

Christian Medaas has 600 printers in stock at the beginning of the planning period. Develop a least-cost production plan. No backorders are permitted.

Transcribed Image Text:

Demand 3,000 3,200 3,400 1,800 2,700 2,200 1,700 2,500 Regular Time Capacity Overtime Capacity 2,700 2,000 1,000 2,600 500 500 300 500 500 500 Subcontracting Capacity 600 600 600 600 600 600