Question: Given the following information set up the problem in a transportation table and solve for the minimum - cost plan. Solve by modifying textbook Table
Given the following information set up the problem in a transportation table and solve for the minimumcost plan. Solve by modifying textbook Table
PERIOD
Demand
Capacity
Regular
Overtime
Subcontract
Beginning inventory
Costs
Regular time $ per unit
Overtime $ per unit
Subcontract $ per unit
Inventory carrying cost $ per unit per month
Backorder cost $ per unit per month
Suppose that regulartime capacity will be reduced to units in period to accommodate a companywide safety inspection of equipment. What will the additional cost of the optimal plan be
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