Question: Aggregate Planning Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time, overtime, subcontract and backorders. Regular

Aggregate Planning Given the projected demands
Aggregate Planning Given the projected demands
Aggregate Planning Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time, overtime, subcontract and backorders. Regular time is limited to 150 units per month (Cost per Unit - $40). Overtime is limited to a maximum of 20 units per month (Cost per Unit -960). Units purchased from the subcontractor (Cost per Unit - $72 ) cannot exceed 30 per month and the total purchases from the subcontractor over the 6 month period cannot be over 260 units. Backorders cannot exceed 60 units in any given month (Cost per Unit - S1 ) and must be no more than 10 in Period 6. Average Inventory Holding cost per Unit - 54. Forecasted Demand as well as Beginning and desited Ending Inventory are listed in the table below. 1 2 3 6 Total 20 Month Rerular Output Overtime Output Sebcontract Beinning Inventory Total Available for Sale Le Forecast Pe Backlog Current Period Les Backlog Previous Period Endine lovestory Ave loves 170 270 190 170 SO Required Find the Minimum Cost Production Plan by Creating a Spreadsheetla Excel Use Solver to find the Mar Cost Solution Leave a copy of your Spreadsheet in the Druptler Total Cost Month 1 A/ Hint: Range (7900 ,8030) Total Cost Month 2- A/ Hint: Range (7930 ,7960) Total Cost Month 3 - A Total Cost Month 4- / Tout Cost Months A Hint: Range (9290 .9410) Total Cast Month 6- Hint: Range (52240 Total Cost All Perods A 53840) Answer Format: No Dollar (S) signs or commas. Answers should be whole numbers

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