Question: Q8 please answer for all the boxes. Last time it was half completed A spring water bottling company has recently expanded into flavoured water. The

Q8 please answer for all the boxes. Last time it was half completed
Q8 please answer for all the boxes. Last time it
Q8 please answer for all the boxes. Last time it
A spring water bottling company has recently expanded into flavoured water. The marketing manager is predicting an upturn in demand based on the new offerings and the increased public awareness of the health benefits of drinking more water. She has prepared aggregate forecasts for the next six months, as shown below (in truckloads): May Month Forecast Jun 60 50 70 Aug 90 Sept 80 Oct 70 Total 420 The production manager has gathered the following information: Regular production cost $1,000 per truckload Regular production capacity 60 truckloads per month using 20 employees Overtime production cost $1,500 per truckload Holding cost $200 per truckload per month Backorder cost $5,000 per truckload per month Beginning inventory e The regular production can be supplemented by up to 30 truckloads a month from overtime. Determine the plan that has the lowest total cost. Hint Use overtime in August-October. (Do not leave any empty spaces: input a "0" wherever it is required. Negative answers should be indicated by a minus sign.) Period May Jun Jul Aus Sep Oct Total beeinmang anventory The regular production can be supplemented by up to 30 truckloads a month from overtime. Determine the plan that has the lowest total cost. Hint Use overtime in August-October . (Do not leave any empty spaces; input a "0" wherever it is required. Negative answers should be indicated by a minus sign.) Tun May 5e 60 Jul 70 Aug 90 Sep 80 Oct 70 Total 420 Period Forecast Output Regular Overtime Output - Forecast Inventory Beginning Ending Average Backorder Casts: Regular $1,000 Overtime $1,500 Inventory $200 Blackorder @ 55,000 Total

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!