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:
GDP Decreases
A decline in the Gross Domestic Product, indicating a reduction in the economic performance and output of a country.
Per Capita GDP
A measure of the total economic output of a country divided by the number of people, reflecting the average economic performance per person.
Natural Capital Degradation
The decline in the quality and quantity of natural resources such as air, water, and soil due to human activities or natural processes.
Economic Development
The process of improving the economic well-being and quality of life for a community, by increasing incomes and reducing poverty.
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