Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Regular...
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Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Regular Demand Period Time Overtime Subcontract Forecast 1 30 15 10 40 2 30 15 10 3 40 20 10 50 60 Initial inventory Regular-time cost per unit 20 units $100 Overtime cost per unit $150 Subcontract cost per unit $200 Carrying cost per unit per month $6 Assume that the initial inventory has no holding cost in the first period and backorders are not permitted. Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is $14860 (enter your response as a whole number).
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Related Book For
Financial Accounting
ISBN: 978-1305088436
14th edition
Authors: Carl S. Warren, Jim Reeve, Jonathan Duchac
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