The Baily Corporation has developed a specialized software program that improves inventory control capability. The following table/information...

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General Management

The Baily Corporation has developed a specialized softwareprogram that improves inventory control capability. The followingtable/information provides the necessary data to evaluate: QuarterForecast (units) Regular Time Overtime Sub-Contract 1 500 400 80100 2 750 400 80 100 3 900 800 160 100 4 450 400 80 100 InitialInventory = 200 units Regular Time Cost = $2.50/unit Overtime Cost= $1.00/extra per unit Subcontracting Cost = $4.00/unit CarryingCost = $.50/unit Back-Order Cost = $.75/unit The company decidesthat the initial inventory of 200 units will incur the 50¢/unitcost from each prior quarter. a. Find the optimal plan using thetransportation method. [ Select ] b. What is the total cost of theplan? [ Select ] c. Does any overtime time capacity go unused? [Select ] If so/not, how much in which periods or not? [ Select ] d.What is the extent of back-ordering in units and dollars? [ Select]
please answer all the questions with the right answers,thanks

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3.8 Ratings (356 Votes)

aThe following table shows consumption in a quarter as shown incolumn from production as shown in rowConsumption in quarterProductionQuarter 1Quarter 2Quarter 3Quarter See Answer

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