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A fabric mill has developed the following forec ( In hundred bolts of cloth. The mill has a normal capacity of 2 7 5 units
A fabric mill has developed the following forec
In hundred bolts of cloth. The mill has a normal capacity of
units a unit equals one hundred bolts per month, and
employs workers. Regular labour cost is $ per unit
and overtime labour cost is $ per unit and the
subcontracting cost is $ per unit. Up to units per
month can be made during overtime. The beginning inventory
is zero. Hiring cost is $ per worker. The inventory holding
cost is $ per unit per month, and backorder cost is
$ per unit per month. Please generate a level output plan
with an using the average demand as production rate. What is
the total cost of this plan?
Month
Demand
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