Question 1 options: Aggregate Planning Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time, overtime, subcontract and backorders. Regular time is limited to 150 units per month (Cost per Unit = $50 ). Overtime is limited to a maximum of 30 units per month (Cost per Unit =$75). Units purchased from the subcontractor (Cost per Unit = $63 ) cannot exceed 30 per month and the total purchases from the subcontractor over the 6 month period cannot be over 160 units. Backorders cannot exceed 50 units in any given month (Cost per Unit = $2 ) and must be no more than 30 in Period 6. Average Inventory Holding cost per Unit = $5. Forecasted Demand as well as Beginning and desired Ending Inventory are listed in the table below. https://d2vlcm61l7u1fs.cloudfront.net/media%2F518%2F51897b47-bf0e-4907-b814-dd4a37df189f%2Fphpega7Y4.png Required: Find the Minimum Cost Production Plan by Creating a Spreadsheet in Excel. Use Solver to find the Minimum Cost Solution. Leave a copy of your Spreadsheet in the DropBox. Total Cost Month 1 = Spell check Hint: Range (10110 ,10200 ) Total Cost Month 2 = Spell check Hint: Range (9325 ,9515 ) Total Cost Month 3 = Spell check Total Cost Month 4 = Spell check Total Cost Month 5 = Spell check Hint: Range (8700 ,8830 ) Total Cost Month 6 = Spell check Total Cost All Periods = Spell check Hint: Range (60590 ,61890 ) Answer Format: No Dollar ($) signs or commas — Answers should be whole numbers.

Question 1 options:

Aggregate Planning

Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time, overtime, subcontract and backorders. Regular time is limited to 150 units per month (Cost per Unit = $50 ). Overtime is limited to a maximum of 30 units per month (Cost per Unit =$75). Units purchased from the subcontractor (Cost per Unit = $63 ) cannot exceed 30 per month and the total purchases from the subcontractor over the

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