Time Left: 09:2 Uncategorized i Question Type: MCQ Question No. 14. Mark/s: 4.00 | Negative Mark/s: 0.00 A manufacturing firm would like to develop
Time Left: 09:2 Uncategorized i Question Type: MCQ Question No. 14. Mark/s: 4.00 | Negative Mark/s: 0.00 A manufacturing firm would like to develop an aggregate plan for the next quarter. Data related to the production, demand, capacity, and cost are given below. Develop an aggregate plan by minimizing the total cost. Which of following is the minimum cost incurred to meet the aggregate plan as per demand requirements? January February March Costs Demand 700 800 600 Regular time Rs. 200 per unit Capacity Overtime Rs. 250 per unit Regular 400 450 400 Subcontract Rs. 300 per unit Overtime 200 250 200 Inventory cost Rs. 20 per unit per month Subcontracting 150 150 150 O Rs. 452500
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Problem Overview You have the demand and production capacity for a manufacturing firm for the next three months January February and March Your goal i...See step-by-step solutions with expert insights and AI powered tools for academic success
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