Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Demand Period Regular Time Overtime Subcontract Forecast 40 15 15 50 2 35 15 15 60 3 30 20 15 50 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 30 units $100 $150 $200 $4 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).
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Demand Period Regular Time Overtime Subcontract Forecast 40 15 15 50 2 35 15 15 60 3 30 20 15 50 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 30 units $100 $150 $200 $4 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).
Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter16: Lean Supply Chain Management
Section: Chapter Questions
Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...
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