Question: The Baily Corporation has developed a specialized software program that improves inventory control capability. The following table/information provides the necessary data to evaluate: Quarter Forecast

The Baily Corporation has developed a specialized

The Baily Corporation has developed a specialized software program that improves inventory control capability. The following table/information provides the necessary data to evaluate: Quarter Forecast (units) Regular Time Overtime Sub-Contract 1 500 400 80 100 2 750 400 80 100 3 900 800 160 100 4 450 400 80 100 Initial Inventory = 200 units Regular Time Cost = $2.50/unit Overtime Cost = $1.00/extra per unit Subcontracting Cost = $4.00/unit Carrying Cost = $.50/unit Back-Order Cost = $.75/unit The company decides that the initial inventory of 200 units will incur the 50/unit cost from each prior quarter. a. Find the optimal plan using the transportation method. (Select] b. What is the total cost of the plan? [Select ] c. Does any overtime time capacity go unused? Select] If soot, how much in which periods or not? [ Select] d. What is the extent of back-ordering in units and dollars? (Select] The Baily Corporation has developed a specialized software program that improves inventory control capability. The following table/information provides the necessary data to evaluate: Quarter Forecast (units) Regular Time Overtime Sub-Contract 1 500 400 80 100 2 750 400 80 100 3 900 800 160 100 4 450 400 80 100 Initial Inventory = 200 units Regular Time Cost = $2.50/unit Overtime Cost = $1.00/extra per unit Subcontracting Cost = $4.00/unit Carrying Cost = $.50/unit Back-Order Cost = $.75/unit The company decides that the initial inventory of 200 units will incur the 50/unit cost from each prior quarter. a. Find the optimal plan using the transportation method. (Select] b. What is the total cost of the plan? [Select ] c. Does any overtime time capacity go unused? Select] If soot, how much in which periods or not? [ Select] d. What is the extent of back-ordering in units and dollars? (Select]

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