please answer in 30 mins. A company's forecast of demand in shown in the following table. Regularproduction costs $133 per unit with a monthly capacity of 57 units. Subcontractingcosts $297 per unit and has unlimited capacity. It costs $19.0 per unit per month tohold inventory and $39 per unit per month to run backlogs.Period23Forecast617682What is the total cost of a LEVEL aggregate plan?NowJuice, Inc. produces bottled pickle juice. A planner has developed an aggregateforecast for demand (in cases) for the next four months. Use the followinginformation to develop an aggregate plan using CHASE.MonthMayJuneJulyAugustForecast577512609704Cost Per UnitMonthly CapacityRegular Production30400Overtime Production1.5 x Regular Prod Cost400What is the total cost of the CHASE plan?

In the eve aggregate plan, an equal quantity has to be produced per month. Thus, the quantity that…

A company's forecast of demand in shown in the following table. Regular production costs $133 per unit with a monthly capacity of 57 units. Subcontracting costs $297 per unit and has unlimited capacity. It costs $19.0 per unit per month to hold inventory and $39 per unit per month to run backlogs. Period 1 2 3 Forecast 61 76 82 What is the total cost of a LEVEL aggregate plan?

A company's forecast of demand in shown in the following table. Regular production costs $133 per unit with a monthly capacity of 57 units. Subcontracting costs $297 per unit and has unlimited capacity. It costs $19.0 per unit per month to hold inventory and $39 per unit per month to run backlogs. Period 1 2 3 Forecast 61 76 82 What is the total cost of a LEVEL aggregate plan?

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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Question

please answer in 30 mins.

A company's forecast of demand in shown in the following table. Regular
production costs $133 per unit with a monthly capacity of 57 units. Subcontracting
costs $297 per unit and has unlimited capacity. It costs $19.0 per unit per month to
hold inventory and $39 per unit per month to run backlogs.
Period
2
3
Forecast
61
76
82
What is the total cost of a LEVEL aggregate plan?
NowJuice, Inc. produces bottled pickle juice. A planner has developed an aggregate
forecast for demand (in cases) for the next four months. Use the following
information to develop an aggregate plan using CHASE.
Month
May
June
July
August
Forecast
577
512
609
704
Cost Per Unit
Monthly Capacity
Regular Production
30
400
Overtime Production
1.5 x Regular Prod Cost
400
What is the total cost of the CHASE plan?

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