Jerusalem Medical Ltd., an Israeli producer of portable kidney dialysis units and other medical products, develops a 4-month aggregate plan. Demand and capacity (in units) are forecast as follows: Capacity SourceMonth 1Month 2Month 3Month 4Labor Regular time245265280300 Overtime15242622Subcontract14172015Demand260306316305 The cost of producing each dialysis unit is$875on regular time,$1,310on overtime, and$1,500on a subcontract. Inventory carrying cost is$100per unit per month. There is to be no beginning or ending inventory in stock and backorders are not permitted.Minimizing cost using the transportation method, the optimal cost is$nothing(enter your response as a whole number). Problem 13.14Question HelpJerusalem Medical Ltd., an Israeli producer of portable kidney dialysis units and other medical products, develops a 4-month aggregate plan. Demand and capacity (inunits) are forecast as follows:Capacity SourceMonth 1Month 2Month 3Month 4LaborRegular time245265280300Overtime15242622Subcontract14172015Demand260306316305The cost of producing each dialysis unit is $875 on regular time, $1,310 on overtime, and $1,500 on a subcontract. Inventory carrying cost is $100 per unit per month.There is to be no beginning or ending inventory in stock and backorders are not permitted.Minimizing cost using the transportation method, the optimal cost is $(enter your response as a whole number).

To calculate Supply (month), the formula would be Regular time units +Overtime units +Subcontract…

erusalem Medical Ltd., an Israeli producer of portable kidney dialysis units and other medical products, develops a 4-month aggregate plan. Demand and capacity (in units) are forecast as follows: Capacity Source Month 1 Month 2 Month 3 Month 4 Labor Regular time 245 265 280 300 Overtime 15 24 26 22 Subcontract 14 17 20 15 Demand 260 306 316 305 The cost of producing each dialysis unit is $875 on regular time, $1,310 on overtime, and $1,500 on a subcontract. Inventory carrying cost is $100 per unit per month. There is to be no beginning or ending inventory in stock and backorders are not permitted. Minimizing cost using the transportation method, the optimal cost is $nothing (enter your response as a whole number).

erusalem Medical Ltd., an Israeli producer of portable kidney dialysis units and other medical products, develops a 4-month aggregate plan. Demand and capacity (in units) are forecast as follows: Capacity Source Month 1 Month 2 Month 3 Month 4 Labor Regular time 245 265 280 300 Overtime 15 24 26 22 Subcontract 14 17 20 15 Demand 260 306 316 305 The cost of producing each dialysis unit is $875 on regular time, $1,310 on overtime, and $1,500 on a subcontract. Inventory carrying cost is $100 per unit per month. There is to be no beginning or ending inventory in stock and backorders are not permitted. Minimizing cost using the transportation method, the optimal cost is $nothing (enter your response as a whole number).

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter5: Network Models

Section5.3: Assignment Models

Problem 12P

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1- Dwayne Cole, owner of a Florida firm that manufactures display cabinets, develops an 8- month aggregate plan.Demand and capacity (in units) are forecast as follows: CAPACITY SOURCE (UNITS) JAN. FEB. MAR. APR. MAY JUNE JULY AUG. Regular time 235 255 290 300 300 290 300 290 Overtime Subcontract Demand 20 24 26 24 30 28 30 30 12 16 15 17 17 19 19 20 255 294 321 301 330 320 345 340 The cost of producing each unit is $1,000 on regular time, $1,300 on overtime, and $1,800 on a subcontract. Inventory carrying cost is $200 per unit per month. There is no beginning or ending inventory in stock, and no backorders are permitted from period to period. Let the production (workforce) vary by using regular time first, then overtime, and then subcontracting. a) Set up a production plan that minimizes cost by producing exactly what the demand is each month. This plan allows no backorders or inventory. What is this plan's cost? b) Through better planning, regular-time production can be set at exactly…
Spectrum Hair Salon is considering expanding itsbusiness, as it is experiencing a large growth. Th e question iswhether it should expand with a bigger facility than needed,hoping that demand will catch up, or with a small facility,knowing that it will need to reconsider expanding in three years.Th e management at Spectrum has estimated the followingchances for demand:• Th e likelihood of demand being high is 0.70.• Th e likelihood of demand being low is 0.30.Estimated profi ts for each alternative are as follows:• Large expansion has an estimated profi tability of either$100,000 or $70,000, depending on whether demand turnsout to be high or low.• Small expansion has a profi tability of $50,000, assuming thatdemand is low.• Small expansion with an occurrence of high demand wouldrequire considering whether to expand further. If thebusiness expands at this point, the profi tability is expected tobe $90,000. If it does not expand further, the profi tability isexpected to be $60,000.Draw a…
Jerusalem Medical Ltd., an Israeli producer of portable kidney dialysis units and other medical products, develops a 4-month aggregate plan. Demand and capacity (in units) are forecast as follows: Capacity Source Labor Regular time Overtime Subcontract Demand Month 1 225 15 14 240 Month 2 275 28 17 320 Month 3 280 26 13 311 Month 4 300 24 15 301 The cost of producing each dialysis unit is $875 on regular time, $1,310 on overtime, and $1,500 on a subcontract. Inventory carrying cost is $100 per unit per month. There is to be no beginning or ending inventory in stock and backorders are not permitted. Minimizing cost using the transportation method, the optimal cost is $ (enter your response as a whole number).
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Jerusalem Medical Ltd., an Israeli producer of portable kidney dialysis units and other medical products, develops a 4-month aggregate plan. Demand and capacity (in units) are forecast as follows: . Month 1 Month 2 Month 3 Month 4 Labor Regular time 225 265 280 300 Overtime 15 24 26 18 Subcontract 14 15 18 15 Demand 240 304 316 301 The cost of producing each dialysis unit is $875 on regular time, $1,310 on overtime, and $1,600 on a subcontract. Inventory carrying cost is $100 per unit per month. There is to be no beginning or ending inventory in stock and backorders are not permitted. Minimizing cost using the transportation method, the optimal cost is $enter your response here ______ (enter your response as a whole number).
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