Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time, overtime, subcontract and backorders. Regular time is limited to 150 units per month (Cost per Unit = $60 ). Overtime is limited to a maximum of 20 units per month (Cost per Unit =$90). Units purchased from the subcontractor (Cost per Unit = $108 ) cannot exceed 60 per month and the total purchases from the subcontractor over the 6 month period cannot be over 270 units. Backorders cannot exceed 60 units in any given month (Cost per Unit = $3 ) and must be no more than 10 in Period 6. Average Inventory Holding cost per Unit = $6. Forecasted Demand as well as Beginning and desired Ending Inventory are listed in the table below. Month 2 3 4 5 6 Total Regular Output Overtime Output Subcontract 30 Beginning Inventory Total Available for Sale Less Forecast 220 170 270 190 170 1 90 Plus Backlog-Current Period Less Backlog-Previous Period Ending Inventory Average Inventory Required: Find the Minimum Cost Production Plan by Creating a Spreadsheet in Excel. Use Solver to find the Minimum Cost Solution. Leave a copy of your Spreadsheet in the DropBox. Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time, overtime, subcontract and backorders. Regular time is limited to 150 units per month (Cost per Unit = $60 ). Overtime is limited to a maximum of 20 units per month (Cost per Unit =$90). Units purchased from the subcontractor (Cost per Unit = $108 ) cannot exceed 60 per month and the total purchases from the subcontractor over the 6 month period cannot be over 270 units. Backorders cannot exceed 60 units in any given month (Cost per Unit = $3 ) and must be no more than 10 in Period 6. Average Inventory Holding cost per Unit = $6. Forecasted Demand as well as Beginning and desired Ending Inventory are listed in the table below. Month 2 3 4 5 6 Total Regular Output Overtime Output Subcontract 30 Beginning Inventory Total Available for Sale Less Forecast 220 170 270 190 170 1 90 Plus Backlog-Current Period Less Backlog-Previous Period Ending Inventory Average Inventory Required: Find the Minimum Cost Production Plan by Creating a Spreadsheet in Excel. Use Solver to find the Minimum Cost Solution. Leave a copy of your Spreadsheet in the DropBox