Wormwood, Ltd., produces a variety of furniture products. The planning committee wants to how do you do an aggregate plan for the next six months based on this information

MONTH

1 2 3 4 5 6

Demand 160 150 160 180 170 140

Capacity

Regular 150 150 150 150 160 160

Overtime 10 10 10 10 10 10

Cost per Unit

Regular time $50

Overtime 75

Subcontract 80

Inventory 4

Per Period

Subcontracting can handle a maximum of 10 units per month. Beginning inventory is zero. Develop a plan that minimizes total cost. No back orders are allowed.