A firm manufactures bicycle wheels. Given the following costs and quarterly sales forecasts, use the transportation method to design a production plan that will economically meet demand. What is the cost of the plan?<\/p>\n
Quarter 1: Sales Forecast 50,000<\/span><\/p>\n Quarter 2: Sales Forecast 150,000<\/span><\/p>\n Quarter 3: Sales Forecast 200,000<\/span><\/p>\n Quarter 4, Sales Forecast 52,000<\/span><\/p>\n <\/span><\/p>\n Inventory carrying cost: $3 per pair of wheels per quarter<\/span><\/p>\n Production per employee: 1,000 pairs of wheels per quarter<\/span><\/p>\n Regular workforce: 50 workers<\/span><\/p>\n Overtime capacity: 50,000 pairs of wheels<\/span><\/p>\n Subcontracting capacity: 40,000 pairs of wheels<\/span><\/p>\n Cost of regular production: $50 per pair of wheels<\/span><\/p>\n Cost of overtime production: $75 per pair of wheels<\/span><\/p>\n <\/p>\n Cost of subcontracting: $85 per pair of wheels<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" A firm manufactures bicycle wheels. Given the following costs and quarterly sales forecasts, use the transportation method to design a production plan that will economically meet demand. What is the cost of the plan? Quarter 1: Sales Forecast 50,000 Quarter 2: Sales Forecast 150,000 Quarter 3: Sales Forecast 200,000 Quarter 4, Sales Forecast 52,000 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/115202"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=115202"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/115202\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=115202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=115202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=115202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}