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 270(00) bolts per month, except for the seventh month, when capacity will be 245(00) bolts. Regular output has a cost of $25 per hundred bolts. Workers can be assigned to other jobs if production is less than regular. The beginning inventory is zero bolts. Month 1 2 3 4 5 6 7 Total Forecast 300 250 250 320 280 275 250 1,925 a. Develop a chase plan that matches the forecast and compute the total cost of your plan. Overtime is $65 per hundred bolts. Regular production can be less than regular capacity. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required.)

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 270(00) bolts per month, except for the seventh month, when capacity will be 245(00) bolts. Regular output has a cost of $25 per hundred bolts. Workers can be assigned to other jobs if production is less than regular. The beginning inventory is zero bolts.

Month	1	2	3	4	5	6	7	Total
Forecast	300	250	250	320	280	275	250	1,925

a. Develop a chase plan that matches the forecast and compute the total cost of your plan. Overtime is $65 per hundred bolts. Regular production can be less than regular capacity. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required.)

Periods: 1. 2 3 4 5 6 7 Total

Forecast 300 250 250 320 280 275 250 1925

Output

Regular:

Overtime

Output Forcast

Cost

Regular

Overtime

Total