The aggregate demand for a product line for the next 6 months is given below. The firm

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The aggregate demand for a product line for the next 6 months is given below.

The firm has regular capacity of 120 units per month, overtime capacity for 40 more units per month, and subcontracting can supply up to 100 units per month.

Month 1 2 3 4 5 6 Demand 220 160 200 210 200 190 Use the Chase Strategy and answer the following four questions.

a. What is the total cost of shortages?

b. What is the cost of overtime production?

c. What is the cost of subcontracting?

d. What is the cost of increasing production level?

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