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Manager Chris Channing of Fabric Mills, Inc., has developed the forecast shown in the table for bolts of cloth. The figures are in hundreds of
Manager Chris Channing of Fabric Mills, Inc., has developed the forecast shown in the table for bolts of cloth. The figures are in hundreds of bolts. The department has a regular output capacity of bolts per month, except for the seventh month, when capacity will be bolts. Regular output has a cost of $ per hundred bolts. Workers can be assigned to other jobs if production is less than regular. The beginning inventory is zero bolts.
Month Total
Forecast
a Develop a chase plan that matches the forecast and compute the total cost of your plan. Overtime is $ per hundred bolts. Regular production can be less than regular capacity
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