Question: SUBJECT NAME: PRODUCTION AND OPERATION DO NOT USE MS EXCEL OR ANY OTHER SOFTWARE FOR CALCULATION, ANSWERS WILL NOT BE ACCEPTED HANDWRITTEN ANSWER APPRECIATED NO

SUBJECT NAME: PRODUCTION AND OPERATION
DO NOT USE MS EXCEL OR ANY OTHER SOFTWARE FOR CALCULATION, ANSWERS WILL NOT BE ACCEPTED
HANDWRITTEN ANSWER APPRECIATED
NO FURTHER INFORMATION AVAILABLE REGARDING THE QUESTION.
UPLOADED BY: IP 2022 MIT
The following data refers to an aggregate planning problem. Period (Quarter.] I II III IV Demand [units] 600 1300 960 890 Working duration [days] 60 65 64 61 The company is considering manufacturing at a uniform rate of 12 units/day during regular time and using overtime to meet the remaining demand. The cost of producing at a regular time is Rs.100/unit. The cost of producing during overtime is Rs.120/unit. The inventory carrying cost is Rs.6/unit/quarter. Calculate the total cost of the planStep by Step Solution
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