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 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 1100 Demand 700 1000 Capacity: Regular Time 1000 800 800 Overtime 100 100 100 200 200 100 Subcontracting Beginning inventory is zero Cost Regular Time Overtime $20 per tire $30 per tire $50 per tire $2 per tire per month Subcontracting Carrying Cost

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