Problem 11-6 (Algo) Manager Chris Channing of Fabric Mills, Inc., has developed the forecast shown in...

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Problem 11-6 (Algo) 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 195(00) bolts per month, except for the seventh month, when capacity will be 210(00) bolts. Regular output has a cost of $11 per hundred bolts. Workers can be assigned to other jobs if production is less than regular. The beginning inventory is zero bolts. Month Forecast 2 7 200 190 210 193 212 195 215 Total 1,415 a. Develop a chase plan that matches the forecast and compute the total cost of your plan. Overtime is $24 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 "O" wherever required.) Period Forecast Output Regular Overtime Output - Forecast Cost Regular Overtime Total 5 Total 200 190 210 193 212 195 215 1,415 Problem 11-6 (Algo) 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 195(00) bolts per month, except for the seventh month, when capacity will be 210(00) bolts. Regular output has a cost of $11 per hundred bolts. Workers can be assigned to other jobs if production is less than regular. The beginning inventory is zero bolts. Month Forecast 2 7 200 190 210 193 212 195 215 Total 1,415 a. Develop a chase plan that matches the forecast and compute the total cost of your plan. Overtime is $24 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 "O" wherever required.) Period Forecast Output Regular Overtime Output - Forecast Cost Regular Overtime Total 5 Total 200 190 210 193 212 195 215 1,415