Question: Given the following information set up the problem in a transportation table and solve for the minimum-cost plan: PERIOD 1 2 3 Demand 550 700
Given the following information set up the problem in a transportation table and solve for the minimum-cost plan:
PERIOD 1 2 3
Demand 550 700 750
Capacity Regular 500 500 500
Overtime 50 50 50
Subcontract 120 120 100
Beginning inventory 100
Costs Regular time $ 60 per unit Overtime $ 80 per unit Subcontract $ 90 per unit Inventory carrying cost $ 1 per unit per month Back-order cost $ 3 per unit per month
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