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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