A small company produces recreational vehicles. The marketing manager has developed the following forecasts (in units): Develop

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A small company produces recreational vehicles. The marketing manager has developed the following forecasts (in units):

Month Mar Apr May Jun Jul Aug Sep Total Forecast 50 44 55 60 60 40 50 359 Use the following information: Regular labour cost $240 per unit Overtime labour cost $360 per unit Regular capacity 40 units per month, using 5 workers Overtime capacity 8 units per month Holding

Develop the minimum cost production plan and compute its total cost.

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Operations Management

ISBN: 9781259270154

6th Canadian Edition

Authors: William J Stevenson, Mehran Hojati, James Cao

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