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This is one question broken down into multiple parts. If the answer is not completed I will leave a downvote, if it is completed then
This is one question broken down into multiple parts. If the answer is not completed I will leave a downvote, if it is completed then I will happily give an upvote. Thanks.
What is the Beginning Inventory quantity for Period 5?
What is the cost of Overtime Production in Period 1? (include two decimals)
What is the Cost of Inventory for Period 3? (include two decimals)
What is the Total Cost of Period 4? (include two decimals)
What is the cost of Backlog for Period 5? (include two decimals)
What is the Average Inventory in Period 4?
3 4 5 7 Totals 1,200 1,100 1 Management Instructions 2 Ending inventory target for Period 5 Backorder maximum if possible ( after the first period) Regular shift production per employee per period The company's production strategy keeps the regular shift fully utilized 6 40 Maximum overtime production per period if needed Use Overtime before Subcontractors 10 Maximum subcontractor production per period if needed 8 32 Initial inventory 9 10 11 Aggregate Plan 12 1 2 3 4 5 13 Demand 240 245 235 190 290 14 15 Employees 16 17 Production 18 Regular 220 220 220 220 220 19 Overtime 20 Subcontractor 21 Production - Forecast 22 23 Inventory 24 Beginning 25 Ending 26 Average 27 Backlog 28 29 Costs 30 Regular $ 298.00 31 Overtime $ 347.00 32 Subcontractor $ 410.00 33 Hirel Layoff $ 885.00 34 Inventory $ 65.00 35 Backlog $ 75.00 36 37 Total Costs 3 4 5 7 Totals 1,200 1,100 1 Management Instructions 2 Ending inventory target for Period 5 Backorder maximum if possible ( after the first period) Regular shift production per employee per period The company's production strategy keeps the regular shift fully utilized 6 40 Maximum overtime production per period if needed Use Overtime before Subcontractors 10 Maximum subcontractor production per period if needed 8 32 Initial inventory 9 10 11 Aggregate Plan 12 1 2 3 4 5 13 Demand 240 245 235 190 290 14 15 Employees 16 17 Production 18 Regular 220 220 220 220 220 19 Overtime 20 Subcontractor 21 Production - Forecast 22 23 Inventory 24 Beginning 25 Ending 26 Average 27 Backlog 28 29 Costs 30 Regular $ 298.00 31 Overtime $ 347.00 32 Subcontractor $ 410.00 33 Hirel Layoff $ 885.00 34 Inventory $ 65.00 35 Backlog $ 75.00 36 37 Total CostsStep by Step Solution
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