Question: Question 4 : 4 . A manager has prepared a forecast of expected aggregate demand for the next six months. Develop an aggregate production plan
Question :
A manager has prepared a forecast of expected aggregate demand for the next six months. Develop an aggregate production plan to meet this demand given this additional information: A level production rate of units per month will be used. Backorders are allowed, and they are charged at the rate of $ per unit per month. Inventory holding costs are $ per unit per month. Determine the cost of this plan if regular time cost is $ per unit and beginning inventory is zero.
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