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Business, 15.04.2021 21:20 knj281

Consider the following data for the Golden Beverages, a producer of two major products - Old Fashioned and Foamy Delite root beers. Production cost ($/unit) $65.00 Inventory holding cost ($/unit) $2.20 Lost sales cost ($/unit) $70.00 Overtime cost ($/unit) $7.50 Undertime cost ($/unit) $2.50 Rate change cost ($/unit) $6.50 Normal production rate (units) 800 Ending inventory (previous Dec.) 1,400 Note that the chase demand strategy has a total cost of $2,075,300.00. Calculate the total cost of two other production strategies that are proposed to the Golden Beverages. Round your answers to the nearest cent. Production strategy 1: Month Demand Production January 2,000 1,125 February 2,400 2,525 March 2,200 2,525 April 3,400 2,525 May 2,400 2,525 June 2,200 2,525 July 1,800 2,525 August 3,300 2,525 September 3,100 2,525 October 3,000 2,525 November 2,200 2,525 December 2,300 2,525

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Consider the following data for the Golden Beverages, a producer of two major products - Old Fashion...

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