Jerusalem Medical Ltd., an Israeli producer of portable kidney dialysis units and other medical products, develops a 4-month aggregate plan. Demand and capacity (in units) are forecast as follows:Capacity SourceLaborRegular timeOvertimeSubcontractDemandMonth 1Month 2Month 3Month 42452652803001528262812260153081531115305The cost of producing each dialysis unit is $875 on regular time, $1,310 on overtime, and $1,600 on a subcontract. Inventory carrying cost is $100 per unit per month. There is to be no beginning or ending inventory in stock and backorders are not permitted.Minimizing cost using the transportation method, the optimal cost is $☐ (enter your response as a whole number).

Answered: Jerusalem Medical Ltd., an Israeli…

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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Shoney Video Concepts produces a line of video streaming servers that are linked to personal computers for storing movies. These devices have very fast access and large storage capacity. Shoney is trying to determine a production plan for the next 12 months. The main criterion for this plan is that the employment level is to be held constant over the period. Shoney is continuing in its R&D efforts to develop new applications and prefers not to cause any adverse feelings with the local workforce. For the same reason, all employees should put in full workweeks, even if that is not the lowest-cost alternative. The forecast for the next 12 months is MONTH FORECAST DEMAND January 550 February 750 March 850 April 550 May 350 June 250 July 150 August 150 September 250 October 650 November 750 December 830 Manufacturing cost is $200 per server, equally divided between materials and labor. Inventory storage cost is $4 per unit per month and is assigned based…

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