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3 . Determine the total cost for the following plan given the following forecasts: Month 1 2 3 4 5 6 Forecast 3 8 0
Determine the total cost for the following plan given the following forecasts: Month Forecast Use steady regular output of units per month, use overtime as needed for up to units per month, and use subcontracting to make up any shortage. Unit costs are: Regular output $ Overtime $ Subcontract $ Inventory per month $
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