Wormwood, Ltd., produces a variety of furniture products. The planning committee wants to prepare an aggregate plan for the next six months using the following information. Demand Capacity Regular Overtime 1 160 Regular time Overtime 150 10 Cost Per Unit Subcontract Inventory holding, per month 2 150 150 10 $50 75 80 4 Click here for the Excel Data File MONTH 3 160 150 0 4 180 150 10 5 170 160 10 6 140 160 10 Subcontracting can handle a maximum of 10 units per month. Beginning inventory is zero. Develop a plan that minimizes total cost. No pack orders are allowed. Regular capacity = Regular production. (Negative amounts should be indicated by a minus sign. Leave no

Wormwood, Ltd., produces a variety of furniture products. The planning committee wants to prepare an aggregate plan for the next six months using the following information. Demand Capacity Regular Overtime 1 160 Regular time Overtime 150 10 Cost Per Unit Subcontract Inventory holding, per month 2 150 150 10 $50 75 80 4 Click here for the Excel Data File MONTH 3 160 150 0 4 180 150 10 5 170 160 10 6 140 160 10 Subcontracting can handle a maximum of 10 units per month. Beginning inventory is zero. Develop a plan that minimizes total cost. No pack orders are allowed. Regular capacity = Regular production. (Negative amounts should be indicated by a minus sign. Leave no

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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