Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Regular Time Overt
Posted: Wed May 04, 2022 8:11 am
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Regular Time Overtime Subcontract 30 15 10 35 15 10 40 15 10 Initial inventory 20 units $100 $160 Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month $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). Period 1 2 3 Demand Forecast 40 55 55