Question: question b) a. Given the following forecasts and steady regular output of 550 every month, what total cost would result if overtime is limited to

question b) a. Given the following forecasts and

question b)

a. Given the following forecasts and steady regular output of 550 every month, what total cost would result if overtime is limited to a maximum of 40 units a month, and subcontracting is limited to a maximum of 10 units a month? Unit costs are: L02 Regular output = $20 Overtime - $30 Subcontract - $25 Inventory per month - $10 Backorder per month = $18 Month 1 2 3 4 5 6 Forecast 540 540 570 590 600 580 b. Suppose backorders are not allowed. Modify your plan from part a to accommodate this as economically as possible. The limits an overtime and subcontracting remain the same. LO2

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