Question: You would like to construct an aggregate production plan for product PX243 for the next four quarters. Cost of regular production = 60 Slu Cost

You would like to construct an aggregate production plan for product PX243 for the next four quarters. Cost of regular production = 60 Slu Cost of overtime production = 90 $/u Inventory holding cost = 10 $/u/qtr Cost of increasing production = 70 $/u Cost of decreasing production = 120 $/u Subcontracting cost = 115 $/u Stockout cost = 130 S/u Previous quarter's regular production = 760 u Beginning inventory level = 40 u The forecasted demand for the next four quarters are: 730, 700, 850, and 760 units. You want to use the chase production strategy without overtime production and subcontract. Furthermore, you will keep inventory as 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. units in quarter 1. The regular production is increased by is The regular production is decreased by is units in quarter 1. units in quarter 2 The regular production is increased by is The regular production is decreased by is units in quarter 2. The regular production is increased by is units in quarter 3 units in quarter 3 The regular production is decreased by is units in quarter 4. The regular production is increased by is units in quarter 4 The regular production is decreased by is

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