Question: 1) Develop the optimal aggregate plan that matches the forecast and compute the total cost of your plan using the mathematical method (Excel Solve). lowinice,

1) Develop the optimal aggregate plan that matches the forecast and compute the total cost of your plan using the mathematical method (Excel Solve).

lowinice, Inc., produces Sbakemello fruit juice. A planner has developed an aggregate forecast for demand (in cases) for the next six months. Month Jun Jul Aug Sep Oct Forecast 4,000 4,800 5,600 7,200 6,400 5,000 May Use the following information to develop aggregate plans Regular production cost $10 per case Regular production capacity 5,000 cases Overtime production cost $16 per case Subcontracting cost $20 per case $20 per case Holding cost $1 per case per month Beginning inventory 3000

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