Question: Solve this Aggregate Planning Problem by minimizing the cost of matching the capacity various options in various periods to the future demand? Find inventory cost,

Solve this Aggregate Planning Problem by
Solve this Aggregate Planning Problem by
Solve this Aggregate Planning Problem by minimizing the cost of matching the capacity various options in various periods to the future demand? Find inventory cost, regular time cost, overtime cost and subcontract cost, and the total cost? Sales Period Mar Apr May Demand 700 1000 1100 1000 Capacity: Regular Time Overtime Subcontracting Beginning inventory is zero 100 800 100 200 800 100 100 200 0 Cost Regular Time Overtime $20 per tire $30 per tire $50 per tire Subcontracting Carrying Cost $2 per tire per month Matching Capacity to Demand Period 1 Period 2 Period 3 Parin Matching Capacity to Demand Period 1 Period 2 Period 3 Period 1 Regular Time O 0 Over Time Subcontract Period 2 Regular Time Over Time Subcontrac Period 3 Regular Time 0500 Over Time Subcontract All Period Total Regular Time Cost Total Overtime Cost Total Subcontracting Cost Total Cost for All Solve this Aggregate Planning Problem by minimizing the cost of matching the capacity various options in various periods to the future demand? Find inventory cost, regular time cost, overtime cost and subcontract cost, and the total cost? Sales Period Mar Apr May Demand 700 1000 1100 1000 Capacity: Regular Time Overtime Subcontracting Beginning inventory is zero 100 800 100 200 800 100 100 200 0 Cost Regular Time Overtime $20 per tire $30 per tire $50 per tire Subcontracting Carrying Cost $2 per tire per month Matching Capacity to Demand Period 1 Period 2 Period 3 Parin Matching Capacity to Demand Period 1 Period 2 Period 3 Period 1 Regular Time O 0 Over Time Subcontract Period 2 Regular Time Over Time Subcontrac Period 3 Regular Time 0500 Over Time Subcontract All Period Total Regular Time Cost Total Overtime Cost Total Subcontracting Cost Total Cost for All

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