Question: Please solve this problem ASAP Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time and overtime,

Please solve this problem ASAP
Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time and overtime, and backorders and calculate its cost. The plan must wind up with no units in ending inventory in Period 6. Regular time capacity is 150 units per month. Overtime capacity is 20 units per month. Overtime cost is $30 per unit, backorder cost is $20 per unit, inventory holding cost is $5 per unit, regular time cost of $20 per unit, and beginning inventory is zero. Month 1 2 3 4 5 6 Forecast 180 170 140 150 130 150 1 2 3 4 5 6 Period Forecast Output Regular Part Time Overtime Subcontract Output - Forecast Inventory Beginning Ending Average Backlog Costs: Regular Part Time Overtime Subcontra Hire/Layoff Inventory Back orde Total @ @ @ @ @Step by Step Solution
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