Question: a . Develop an aggregate production plan for four months with the following details: Material cost = Rs 1 0 0 per unit Inventory holding

a. Develop an aggregate production plan for four months with the following details:
Material cost = Rs 100 per unit
Inventory holding cost = Rs 10/unit/month
Marginal cost of stock out = Rs 20/unit/month
Marginal cost of subcontracting = Rs 200 per unit
Hiring and training cost = Rs 50 per worker
Layoff cost= Rs 100 per worker
Labour hours required=4 man-hrs per unit
Regular pay( eight hours per day)= Rs 12 per hour
Overtime pay= Rs 20.00 per hour.
Beginning inventory =100 units
***No Safety stock required. Normal working hours 8 per working day
Demand and working days for each month
\table[[,Jan,Feb,Mar,Apr],[Demand,500,600,450,700],[Working Days,22,19,23,21]]
 a. Develop an aggregate production plan for four months with the

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