Question: need all parts solved everything needed to solve is here Question 8 1 pts Major Medical, producer of portable EKG units, is developing a 4
need all parts solved everything needed to solve is here

Question 8 1 pts Major Medical, producer of portable EKG units, is developing a 4 month aggregate plan. Month 1 Month 2 Month 3 Month 4 Regular Time Capacity 235 255 290 300 OT Capacity 20 24 26 24 Subcontract Capacity 12 15 17 17 DEMAND 255 294 321 301 The cost of producing each unit is $985 on regular time, $1,310 on overtime, and $1,500 on a subcontract. Inventory carrying cost is $80 per month. Initial inventory on hand from the prior period is 25 units. Backorders are permitted, but cost $100 per month per unit. Find the optimal solution using the transportation method. a. What is the optimal cost?|[ Select ] b. How much excess overtime capacity is there? |[ Select ] c. Was there a need to back-order during the 4-month planning period? [ Select ] If so, how many units and what was the back-ordering cost? [ Select ] d. In this example, if backlogging were not allowed (but everything else was the same) the optimal solution cost would [ Select ] e. In this example, if backlogging costs were $50 per unit per month instead of $100 the optimal solution cost would [Select ] D Question 9 1 pts
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
