Regular-time cost per monitor $ 70 Overtime cost per monitor $110 Subcontract cost per monitorial Carrying cost per monitor per month d h t r $120 $ 4 For each of the next 4 months, capacity and demand for flat- screen monitors are as follows: PERIOD MONTH 1 MONTH 2 MONTH 3" MONTH 4 Demand Сараcity Regular time Overtime Subcontract 2,000 2,500 1,500 2,100 1,500 400 750 1,600 1,600 400 600 200 400 600 600 600 "Factory closes for 2 weeks of vacation.
Regular-time cost per monitor $ 70 Overtime cost per monitor $110 Subcontract cost per monitorial Carrying cost per monitor per month d h t r $120 $ 4 For each of the next 4 months, capacity and demand for flat- screen monitors are as follows: PERIOD MONTH 1 MONTH 2 MONTH 3" MONTH 4 Demand Сараcity Regular time Overtime Subcontract 2,000 2,500 1,500 2,100 1,500 400 750 1,600 1,600 400 600 200 400 600 600 600 "Factory closes for 2 weeks of vacation.
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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| The production planning period for flat-screen monitors at Louisiana's Rao Electronics, Inc., is 4 months. Cost data are as follows: CEO Mohan Rao expects to enter the planning period with 500 monitors in stock. Backordering is not permitted (meaning, for example, that monitors produced in the second month cannot be used to cover first month's demand). Develop a production plan that minimizes costs using the transportation method. |
Transcribed Image Text:Regular-time cost per monitor
$ 70
Overtime cost per monitor
$110
Subcontract cost per monitorial
Carrying cost per monitor per month
d h t r $120
$ 4
For each of the next 4 months, capacity and demand for flat-
screen monitors are as follows:
PERIOD
MONTH 1 MONTH 2 MONTH 3"
MONTH
4
Demand
Сараcity
Regular time
Overtime
Subcontract
2,000
2,500
1,500
2,100
1,500
400
750
1,600
1,600
400
600
200
400
600
600
600
"Factory closes for 2 weeks of vacation.
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