SUPPLY CAPACITY (IN UNITS) REGULAR DEMAND PERIOD TIME OVERTIME SUBCONTRACT (IN UNITS) 1 25 32 2 28 4 32 3 30 8 40 4 29 6 40 OTHER DATA Initial inventory Ending inventory desired Regular-time cost per unit Overtime cost per unit Subcontracting cost per unit Carrying cost per unit per period Backorder cost per unit per period 4 units 3 units $2,000 $2,475 $3,200 $200 $600 67
SUPPLY CAPACITY (IN UNITS) REGULAR DEMAND PERIOD TIME OVERTIME SUBCONTRACT (IN UNITS) 1 25 32 2 28 4 32 3 30 8 40 4 29 6 40 OTHER DATA Initial inventory Ending inventory desired Regular-time cost per unit Overtime cost per unit Subcontracting cost per unit Carrying cost per unit per period Backorder cost per unit per period 4 units 3 units $2,000 $2,475 $3,200 $200 $600 67
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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Question
The James Lawson C hemical Supply Company ma nufactures and packages expensive vials of mercury. Given the following demand, supply, cost, and inventory data, allocate production capacity to meet demand at minimum cost using the transportation method. A constant workforce is expected. Backorders are permitted. |
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