a. How much should be produced each period?b. What is ending inventory for each period?c.If inventory carrying cost is $3 per case per period based on ending inventory, what is the totalcost of carrying inventory?d. What is the total plan cost and why?4. The opening backlog is 1200 units. Forecast demand is shown below.a. Calculate the weekly production for level production if the backlog is to be reduced to1000 units,b. Calculate the projected backlog for each week.Week24312001200Forecast 1200DemandPlannedProductionProjectedBacklog1200110051100252061000Total5. A firm plans to make 400 wagons, 200 carts, and 100 sleds. The resource bill shown belowdisplays the amount of critical resources needed to make one average unit of product family:Wood (Board Feet)Labor (Standard Hours)ProductWagon0.750.501.00CartSled30Calculate the total wood AND labor needed to make the total number of items in the productfamily.

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Answered: 4. The opening backlog is 1200 units.…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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