Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Period 1 2 3 Regular Time 40 30 30 Supply Available Overtime Subcontract 15 15 15 15 20 15 Demand Forecast 20 units $100 $150 $250 $4 40 55 50 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month Assume that the initial inventory has no holding cost in the first period and backorders are not permitted. Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is $ 0 (enter your response as a whole number).
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Period 1 2 3 Regular Time 40 30 30 Supply Available Overtime Subcontract 15 15 15 15 20 15 Demand Forecast 20 units $100 $150 $250 $4 40 55 50 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month Assume that the initial inventory has no holding cost in the first period and backorders are not permitted. Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is $ 0 (enter your response as a whole number).
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:Ram Roy's firm has developed the following supply, demand, cost, and inventory data.
Period
1
2
3
Regular
Time
40
30
30
Supply Available
Overtime Subcontract
15
15
15
15
20
15
Demand
Forecast
20 units
$100
$150
$250
$4
40
55
50
Initial inventory
Regular-time cost per unit
Overtime cost per unit
Subcontract cost per unit
Carrying cost per unit per month
Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.
Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is $
n
(enter your response as a whole number).
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