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can you explain this problem was solved? Specifically, how were the subcontract values found? 1. Nike produces a line of sweatclothes that exhibits a varying
can you explain this problem was solved? Specifically, how were the subcontract values found?
1. Nike produces a line of sweatclothes that exhibits a varying demand partem. Given the following demand forecasts, production costs, and constraints, design a production plan for Fabulous Fit using the transportation method of LP. Also, calculate the cost of the production plan. Maximum regular production is 100 units/month. Maximum overtime production is 50 units/month. Maximum subcontracting is 50 units/month. Regular production costs $10/unit. Overtime production costs $25/unit Subcontracting costs $35/unit. Inventory holding costs $5/unit/month. Beginning inventory is 0. Demand Forecasts Period Demand September 100 October 130 November 200 December 300 Fabulous Fit Fibers produces a line of sweatclothes that exhibits a varying demand pattern. Given the following demand forecasts, production costs, and constraints, design a production plan for Fabulous Fit using the transportation method of LP Also, calculate the cost of the production plan PERIO D September Desober Number 200 Dember 300 Masin de postion 100 Maximen ination production 10 unite maile Matinum contacting Repala production co Overtime produc Subcontracting co levatiory holding costs Beginning mentory Podof F 2 3 DEMAND 100 LM Out Now Des Sepany mery Repl Overtime Sub Regler Overtine Soba Repla Ove Subcontrac Oversi Denn 30 s 525 535 6 J 300 100 How BEN 25 Perial of 9 7 REM 130 1.30 MO LAH J Cost = (400x $ 10)+(200x $25)+(130 x $35)+(250x13) - 4000+5000+4550 +1250 = $14,800 - IM L No LS * EW -S PRODUCTION PLAN PERIOD DEMAND REGULAR PRODUCTION OVERTIME SUBCONTRACT ENDING INVENTORY 100 130 200 200 730 - 3D KALM _DS 30 D
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