Ram Roy's firm has developed the following supply, demand,cost, and inventory data.
Ram Roy's firm has developed the following supply, demand, cost, and inventory data.
Supply Available | ||||
Period | Regular Time | Overtime | Subcontract | Demand Forecast |
1 | 30 | 15 | 10 | 40 |
2 | 30 | 15 | 10 | 50 |
3 | 30 | 15 | 10 | 45 |
Initial inventory | 20 units |
Regular-time cost per unit | $100 |
Overtime cost per unit | $150 |
Subcontract cost per unit | $250 |
Carrying cost per unit per month | $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).
Homework Answers
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Optimal Cost = 12790
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Ram Roy's firm has developed the following supply, demand,cost, and inventory data.
Ram Roy's firm has developed the following supply, demand, cost, and inventory data Supply Available Regular...
Ram Roy's firm has developed the following supply, demand, cost, and inventory data Supply Available Regular Time 30 30 40 Demand Period Overtime Subcontract Forecast 15 15 20 40 45 60 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 20 units $100 $150 $200 $6 Assume that the initial inventory has no holding cost in the first period and backorders are not permitted Allocating production capacity to meet...
Ram Roy's firm has developed the following supply, demand,cost, and inventory data
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply AvailablePeriodRegular TimeOvertimeSubcontractDemand Forecast140155402301556034015555Initial inventory20unitsRegular-time cost per unit$100Overtime cost per unit$160Subcontract cost per unit$250Carrying cost per unit per month$4Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is$nothing(enter your response as a whole number).
Ram Roy’s firm has developed the following supply, demand, cost, and inventory data.
Ram Roy’s firm has developed the following supply, demand, cost, and inventory data. Allocate production capacity to meet demand at a minimum cost using the transportation method. What is the cost? Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.Initial Inventory 20 UnitsRegular Time cost per unit $100Overtime cost per unit $160Sub contract cost per unit $250Carrying cost per unit per month $6Supply TablePeriodRegular TimeOvertimeSubcontractDemand Forecast130155402301554534015555
Ram Roys Firm
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply AvailablePeriodRegular TimeOvertimeSubcontractDemand Forecast130151040235151055330201050Initial inventory20 unitsRegular-time cost per unit$100Overtime cost per unit$160Subcontract cost per unit$200Carrying cost per unit per month$2Assume 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 here (enter your response as a whole number).
Ram Roy's firm has developed the following supply, demand, cost, and inventory data.
Ram Roy's firm has developed the following supply, demand, cost, and inventory data.
An electronics manufacturer makes video security systems for parking lots. The "Clear-Shot" is a system that pr...
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Ram Roy's firm has developed the following supply, demand, cost, and inventory data Supply Available Regular Time 30 30 40 Demand Period Overtime Subcontract Forecast 15 15 20 40 45 60 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 20 units $100 $150 $200 $6 Assume that the initial inventory has no holding cost in the first period and backorders are not permitted Allocating production capacity to meet...
An electronics manufacturer makes video security systems for parking lots. The "Clear-Shot" is a system that provides 3-D graphic images of the parking lot. Operations manager of the company obtained forecasted demand for "Clear-Shot" and available capacity (in units) they have (shown below) to develope a four-month aggregate plan for manufaturing. Capacity & Demand Month 2 Month 1 Month 3 Month 4 Regular time Overtime 225 300 275 300 15 28 24 26 18 Subcontract 12 17 15 240 316...
Jose Martinez of El Paso has developed a polished stainless
steel tortilla machine that makes it a "showpiece" for display in
Mexican restaurants. His forecast of capacity and demand
follows:
Assume that back-orders are not permitted.
Using the transportation method, the total cost of the optimal
plan is $_______. (enter your response as a
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