Handout Assignment $5($Aggregate Planning$)$

$1-$ Use the given information and the provided table below to answer the following questions.

$|$ Period $|$ Forecast $|$

$|--------|----------|$

$|1|220|$

$|2|180|$

$|3|345|$

$|4|400|$

$|5|205|$

Regular time: $$30$ per unit $(230$ units per period maximum$)$

Overtime: $$45$ per unit $(40$ units per period maximum$)$

Subcontracting: Not available

Temp Workers: $$50$ per unit $(40$ units per month maximum$)$

Beginning Inv.: $45$

Holding cost: $$2$ per unit per period

Backorder cost: $$5$ per unit per period

Develop an aggregate plan that results in the minimum total cost. Aggregate plan should include all:$($Forecast$/$Output$-$regular$-$temporary$-$overtime$/$Output$-$demand$/$inventory$-$Beg$-$End$-$avg$-$backorder$)$

$-$ There is no hiring$/$firing in this problem

$-$ No on hand inventory or backorders at the end of period $5$