Question: Given the following information, formulate the aggregate production planning problem as a transportation table and solve it: (Do not leave any empty spaces; input a

Given the following information, formulate the aggregate production planning problem as a transportation table and solve it: (Do not leave any empty spaces; input a 0 wherever it is required.)

Month
1 2 3
Demand forecast 550 700 750
Capacity (maximum)
Regular 500 500 500
Overtime 50 50 50
Part time 120 120 100
Beginning inventory 100

Costs
Regular time $ 60 per unit
Overtime $ 80 per unit
Part time $ 90 per unit
Inventory holding cost $ 2 per unit per month
Backorder cost $ 3 per unit per month

Demand for Period 1 Period 2 Period 3 Unused Total
Beginning Inventory
1.
Regular Time
Over time
Part-time
2. Regular Time
Over time
Part-time
3. Regular Time
Over time
Part-time
Total

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