a) b) c) Month January February March Forecast 120 135 140 April 120 May 125 June 125 July 140 August 135 Regular Output Overtime Output Inventory holding cost Backorder cost Hiring Cost Develop a Level Output Plan and identify the total short units in each period and overall in production cycle Develop Chase Output Plan(s) to address the shortage identified in the Level Output Plan. Recommend the most cost-effective plan Capacity Units per Month 130 Unlimited $ per Unit 500 750 50 250 $ per Worker 3000 13 Regular Workers

a) b) c) Month January February March Forecast 120 135 140 April 120 May 125 June 125 July 140 August 135 Regular Output Overtime Output Inventory holding cost Backorder cost Hiring Cost Develop a Level Output Plan and identify the total short units in each period and overall in production cycle Develop Chase Output Plan(s) to address the shortage identified in the Level Output Plan. Recommend the most cost-effective plan Capacity Units per Month 130 Unlimited $ per Unit 500 750 50 250 $ per Worker 3000 13 Regular Workers

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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