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The following is an aggregate plan. The following are the requirements and other data for the upcoming 6 months. Demand levels are: M 1 3
The following is an aggregate plan. The following are the requirements and other data for the upcoming months. Demand levels are: M M M M M M Previous quarter's output is Beginning inventory is units. The organizations policy is to backorder. Given that policy, if the item is not in stock, then the company will incur an average backorder cost of $ Inventory holding cost is If the organization needs to hire worker the cost will be $ per every units, and layoff workers will be $ per every units. Regular time production is $ per unit, Overtime is $ extra. The subcontractor that the organization utilizes costs $ per unit.
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