Question: An aggregate plan will be prepared that can use part time worker ( $ 1 1 per unit ) or use overtime ( $ 1

An aggregate plan will be prepared that can use part time worker ($11 per unit) or use overtime ($15 per unit) or subcontract ($12/unit) or any combination of these. The primary objective in this problem is to minimize production costs without having any inventory remaining at the end of Period 9. The ending inventory in period 9 should be zero. Note that Total output = Total regular output + Part Time quantity + Overtime quantity + Subcontract quantity.
In order to minimize production costs, rank in order, the production resources you would use if you were planning this model. Assume your full-time workers will be first.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!