It costs $12 to make a single unit using regular production and $15 to make a single unit using overtime production.

Total overtime production is limited to 500 units for the five month period.

The manufacturing plant has a regular production capacity of 250 units per month and 50 units in inventory at the start of the planning period.

There is a $5 per unit charge for holding inventory at the end of each month and a limit of 250 units ending inventory for any period.

What is the lowest cost production plan if the forecast must be met?

Month Forecast January 250 February 200 March 300 April 400 May 500 Group of answer choices A) $20,850

B) $19,750

C) $19,500

D) $20,550

COURSE: SUPPLY CHAIN MANAGEMENT