Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Period 1 2 3 Regular Time 40 35 30 Overtime 15 15 20 Subcontract 10 10 10 30 units $100 $150 $250 $6 Demand Forecast 50 65 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 $ (enter your response as a whole number).

Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Period 1 2 3 Regular Time 40 35 30 Overtime 15 15 20 Subcontract 10 10 10 30 units $100 $150 $250 $6 Demand Forecast 50 65 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 $ (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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