Create a level plan with a zero ending inventory for the forecast shown in the table.There is no beginning inventory and regular production capacity is 300 units.Overtime costs $15 extra and is limited to 25 units per month and subcontracting is limited to 60 units per month and costs $10 per unit.Back orders cost $50 per unit and there is a cost of $5 per month to hold a unit in inventory.What is the total plan cost?
Definitions:
Incorporate
To form into a legal corporation, which involves registering with the state and creates an entity that is legally separate from its owners.
Incorporation Statutes
Laws that govern the formation, operation, and dissolution of corporations.
Special Privileges
Rights or advantages granted to specific individuals or groups, often at the expense or exclusion of others, typically in legal, political, or social contexts.
State Legislatures
The legislative bodies in each of the states within the United States, responsible for making, amending, and repealing state laws.
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