Question: answer problem 14.15 using the chart provided, show work if possible PERIOD OF USE PERIOD OF PRODUCTION 1 2 3 4 Unused Capacity Capacity Beg
answer problem 14.15 using the chart provided, show work if possible
PERIOD OF USE PERIOD OF PRODUCTION 1 2 3 4 Unused Capacity Capacity Beg Inventory 1 Regular Overtime Subcontract 2 Regular Overtime Subcontract 3 Regular Overtime Subcontract 4 Regular Overtime Subcontract Demand Unmet Demand 14.15. College Press publishes textbooks for the college market. The demand for college textbooks is high during the beginning of each semester and then tapers off during the semester. The unavailability of books can cause a professor to switch adoptions, but the cost of storing books and their rapid obsolescence must also be considered. Given the demand and cost factors shown here, use the transportation method to design an aggregate production plan for College Press that will economically meet demand. What is the cost of the production plan? Months Demand Forecast February April 5,000 May July 10,000 August-October 30,000 November - January 25,000 Regular capacity per quarter 10,000 books Overtime capacity per quarter 5,000 books Subcontracting capacity per qtr 10,000 booles Regular production rate $20 per book Overtime wage rate $30 per book Subcontracting cost $35 per book Holding cost $2.00 per book

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