Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Demand Period Regular Time Overtime Subcontract Forecast 1 30 15 40 2 30 15 45 3 40 15 55 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 20 units $100 $160 $200 $4 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 $ (enter your response as a whole number).
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Demand Period Regular Time Overtime Subcontract Forecast 1 30 15 40 2 30 15 45 3 40 15 55 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 20 units $100 $160 $200 $4 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 $ (enter your response as a whole number).
Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter16: Lean Supply Chain Management
Section: Chapter Questions
Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...
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Can you assist me with Question 11. Please display the step process. Thank you
![Ram Roy's firm has developed the following supply, demand, cost, and inventory data.
Supply Available
Demand
Period Regular Time
Overtime
Subcontract
Forecast
1
30
15
5
40
2
30
15
45
3
40
15
55
Initial inventory
Regular-time cost per unit
Overtime cost per unit
Subcontract cost per unit
Carrying cost per unit per month
20 units
$100
$160
$200
$4
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 $
(enter your response as a whole number).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F35bbd5ab-d496-4896-923e-b18c6a384f2f%2F0939d202-52ba-4950-9847-5f16fa021296%2Fsnqae7i_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Ram Roy's firm has developed the following supply, demand, cost, and inventory data.
Supply Available
Demand
Period Regular Time
Overtime
Subcontract
Forecast
1
30
15
5
40
2
30
15
45
3
40
15
55
Initial inventory
Regular-time cost per unit
Overtime cost per unit
Subcontract cost per unit
Carrying cost per unit per month
20 units
$100
$160
$200
$4
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 $
(enter your response as a whole number).
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