a. Determine the quarterly production rate required to meet total demand for the year, and minimize the anticipation inventory that would be left over at the end of the year. Beginning inventory is 0. The quarterly production rate is 95,000 gallons. (Enter your response as an integer.) b. Specify the anticipation inventory that will be produced. (Enter your responses as an integers.) Quarter 3 45,000 5,000 4 Anticipation inventory (gallons) 10,000 c. Suppose that the requirements (in gallons) for the next four quarters are revised to 140,000, 60,000, 90,000, and 90,000 respectively. If total demand is the same, what level of production rate is needed now, using the same strategy as above? The new quarterly production rate is gallons. (Enter your response as an integer.) 0

a. Determine the quarterly production rate required to meet total demand for the year, and minimize the anticipation inventory that would be left over at the end of the year. Beginning inventory is 0. The quarterly production rate is 95,000 gallons. (Enter your response as an integer.) b. Specify the anticipation inventory that will be produced. (Enter your responses as an integers.) Quarter 3 45,000 5,000 4 Anticipation inventory (gallons) 10,000 c. Suppose that the requirements (in gallons) for the next four quarters are revised to 140,000, 60,000, 90,000, and 90,000 respectively. If total demand is the same, what level of production rate is needed now, using the same strategy as above? The new quarterly production rate is gallons. (Enter your response as an integer.) 0

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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