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Question 1 A manufacturing company has the following data of forecast and its production schedule in regular, overtime and subcontract Sep 360 Dec Jul 320
Question 1 A manufacturing company has the following data of forecast and its production schedule in regular, overtime and subcontract Sep 360 Dec Jul 320 300 30 20 Aug 340 300 30 30 Oct 380 300 400 Nov 400 300 30 300 10 20 Period Forecast Output Regular Overtime Subcontract Output - Forecast Inventory Beginning Ending Average Complete the aggregate plan and calculate the total cost of the plan. Given that: Regular cost per unit = $30 Overtime cost per unit - $45 Subcontract cost per unit $60 Carrying cost per unit per month = $5 and is assessed on average inventory Back order cost = $15 (10 marks) TT T Arial 3 (12pt) TEE 5.02
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