Period 1 2 3 Regular Time 30 35 40 Supply Available Overtime Subcontract 15 15 15 15 15 15 20 units $100 $160 Demand Forecast Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 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). $250 $6 40 55 55

icon
Related questions
Question
Ram Roy's firm has developed the following supply, demand, cost, and inventory data.
Period
1
2
3
Regular
Time
30
35
40
Supply Available
Overtime Subcontract
15
15
15
15
15
15
Initial inventory
Regular-time cost per unit
Overtime cost per unit
Subcontract cost per unit
Carrying cost per unit per month
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 $
20 units
$100
$160
$250
$6
Demand
Forecast
40
55
55
ח
(enter your response as a whole number).
Transcribed Image Text:Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Period 1 2 3 Regular Time 30 35 40 Supply Available Overtime Subcontract 15 15 15 15 15 15 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 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 $ 20 units $100 $160 $250 $6 Demand Forecast 40 55 55 ח (enter your response as a whole number).
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer