Question:
Given the following information set up the problem in a
Last updated: 1/12/2024
Given the following information set up the problem in a transportation table and solve for the minimum cost plan Solve by modifying textbook Table 11 6 Demand Capacity Regular Overtime Subcontract Beginning inventory Costs Regular time Overtime Subcontract Inventory carrying cost Back order cost 550 500 50 120 100 PERIOD 2 700 60 per unit 80 per unit 90 per unit 500 50 120 1 per unit per month 3 per unit per month 3 750 500 50 100 Suppose that regular time capacity will be reduced to 440 units in period 3 to accommodate a companywide safety inspection of equipment What will the additional cost of the optimal plan be