Question: 8. Expected demand for the next six months is given in the table below. The production plan is to produce 3100 units every month. Beginning

8. Expected demand for the next six months is given in the table below. The production plan is to produce 3100 units every month. Beginning inventory is zero. The cost details are as follows. Regular production cost is S40/unit; Overtime production costs $50/unit; Inventory holding cost is $5/unit/month. Compute the total cost consisting of these three cost components. Month Overtime Ending Production Inventory January February March April May June Beginning Regular Expected Inventory Production Demand 0 2800 3200 3600 2500 4000 3800 TOTAL 8. Expected demand for the next six months is given in the table below. The production plan is to produce 3100 units every month. Beginning inventory is zero. The cost details are as follows. Regular production cost is S40/unit; Overtime production costs $50/unit; Inventory holding cost is $5/unit/month. Compute the total cost consisting of these three cost components. Month Overtime Ending Production Inventory January February March April May June Beginning Regular Expected Inventory Production Demand 0 2800 3200 3600 2500 4000 3800 TOTAL

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