Question: 1100 Solve this Aggregate Planning Problem by minimizing the cost of matching the capacity various options in various periods to the future demand? Find inventory

1100 Solve this Aggregate Planning Problem by

1100 Solve this Aggregate Planning Problem by minimizing the cost of matching the capacity various options in various periods to the future demand? Find inventory cost, regular time cost, overtime cost and subcontract cost, and the total cost? Sales Period Mar Apr May Demand 700 1000 Capacity: Regular Time 1000 800 800 Overtime 100 100 Subcontracting 200 100 Beginning inventory is zero 0 100 200 Cost Regular Time Overtime Subcontracting Carrying Cost Answer $20 per tire $30 per tire $34 per tire $5 per tire per month Matching Capacity to Demand Mar May Regular Time For Period 1 Over Time Subcontract Regular Time For Period 2 Over Time Subcontract Regular Time For Period 3 Over Time Subcontract Total Cost

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