Evaluate the following table which contains forecasted demand and all output for the first period of an aggregate plan:
Evaluate the following table which contains forecasted demand and all output for the first period of an 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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Transcribed Image Text:Evaluate the following table which contains forecasted demand and all output for the first period of an aggregate plan:
Period
Forecast
Output
Output - Forecast
Inventory
Costs:
Regular
Overtime
Subcontract
Total
Beginning
Ending
Average
Regular
Overtime
@
@
Subcontract @
Inventory
@
$4.00
$5.00
$6.00
$3.00
1
1700
1300
400
400
?
077
?
77
?
2
?
The value for Total Costs for Period 1 is missing (the cell is highlighted in Yellow above). What is this missing value?
ENTER ANSWER AS A WHOLE NUMBER, O DECIMAL PLACES, NO SYMBOLS
NOTE: All of the orange cells with a "?" symbol will need to be solved before you can arrive at the Total Costs for Period 1
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