Question: You would like to construct an aggregate production plan for product 341 for the next four quarters Cost of regular production = 605 Cost of

You would like to construct an aggregate
You would like to construct an aggregate production plan for product 341 for the next four quarters Cost of regular production = 605 Cost of overtime production 90 5/u Inventory holding cost10 S/u/qtr Cost of increasing production = 70 5/ Cost of decreasing production 120 / Subcontracting cost = 1155/ Stockout Cost = 130 S/u Previous quarter's regular output = 600 u Beginning inventory level 120 The forecasted demand for the next four quarters are: 500, 1000, 400, and 1200 units Suppose that you want to set the quarterly regular production constant at 680 units and to use overtime necessary. You do not want to use any subcontract. Furthermore, you will be inventory low as possible. Stockouts are not allowed. You must perform the calculation and answer the questions shown below. NOTE: Do not use any comma in your answers The beginning inventory In quarter 2 is units The overtime production in quarter 4 is units Total regular production is units Total overtime production is units Total regular production cost is $ Total cost of increasing regular productions Total cost of decreasing regular production is 5 1 Total cost of holding inventory is 5 Total cost of overtime production is 5 Total cost of production is 5 . pe here to search

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