Inventory beginning ending average backlog costs

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Reference no: EM131115675

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: MONTH 1 2 3 4 5 6 Demand 160 150 160 180 170 140 Capacity Regular 150 150 150 150 160 160 Overtime 10 10 0 10 10 10 Cost Per Unit Regular time $53 Overtime 72 Subcontract 79 Inventory, per period 3 Subcontracting can handle a maximum of 10 units per month. Beginning inventory is zero. Develop a plan that minimizes total cost. No back orders are allowed. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Period 1 2 3 4 5 6 Total Forecast 160 150 160 180 170 140 960 Output Regular 150 150 150 150 160 140 900 Overtime 10 10 0 10 10 0 40 Subcontract Output- Forecast Inventory Beginning Ending Average Backlog Costs: Regular $ $ Overtime Subcontract Inventory Backlog Total

Reference no: EM131115675

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