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Given the following information, set up the problem in a transportation table and solve the minimum cost plan: PERIOD 1 2 3 Demand Сарacity Regular Overtime 550 700 750 500 500 500 50 50 50 Subcontract 120 100 120 120 Beginning inventory Costs Regular time Overtime Subcontract $60 PER UNIT $80 PER UNIT $90 PER UNIT $1 PER UNIT PER MONTH $3 PER UNIT PER MONTH Inventory Carrying cost Backorder cost

Given the following information, set up the problem in a transportation table and solve the minimum cost plan: PERIOD 1 2 3 Demand Сарacity Regular Overtime 550 700 750 500 500 500 50 50 50 Subcontract 120 100 120 120 Beginning inventory Costs Regular time Overtime Subcontract $60 PER UNIT $80 PER UNIT $90 PER UNIT $1 PER UNIT PER MONTH $3 PER UNIT PER MONTH Inventory Carrying cost Backorder cost

Practical Management Science
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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Given the following information, set up the problem in a transportation table and solve the minimum cost plan: PERIOD 1 Demand 550 700 750 Сараcity Regular Overtime 500 50 500 50 500 50 120 120 100 Subcontract 120 Beginning inventory Costs Regular time Overtime $60 PER UNIT $80 PER UNIT $90 PER UNIT $1 PER UNIT PER MONTH $3 PER UNIT PER MONTH Subcontract Inventory Carrying cost Backorder cost
Transcribed Image Text:Given the following information, set up the problem in a transportation table and solve the minimum cost plan: PERIOD 1 Demand 550 700 750 Сараcity Regular Overtime 500 50 500 50 500 50 120 120 100 Subcontract 120 Beginning inventory Costs Regular time Overtime $60 PER UNIT $80 PER UNIT $90 PER UNIT $1 PER UNIT PER MONTH $3 PER UNIT PER MONTH Subcontract Inventory Carrying cost Backorder cost
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