Quarter regular time overtime sub contracting

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Reference no: EM13842383

Consider the following aggregate planning problem for one quarter regular time overtime sub contracting

Production capacity/ month 1,000 200 150

Production cost/unit 5 7 8

Assume that there is no initial inventory and a forecasted demand of 1,250 units in each of the 3 months. Carrying cost $1 per unit per month.

Using the transportation method and assuming that back orders are not permitted, the optimal total cost =$?

Reference no: EM13842383

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