a. How much should Joan produce each month if she wishes to have a level operations plan with no back orders or stockouts? Plot your cumulative production on the preceding graph. b. What is ending inventory for month 4 under this plan? c. Joan decides to have a level-production, level-employment sales and operations plan with no ending inventory at the end of the planning horizon. How much should she make each month? What are the monthly back orders?
a. How much should Joan produce each month if she wishes to have a level operations plan with no back orders or stockouts? Plot your cumulative production on the preceding graph. b. What is ending inventory for month 4 under this plan? c. Joan decides to have a level-production, level-employment sales and operations plan with no ending inventory at the end of the planning horizon. How much should she make each month? What are the monthly back orders?
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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