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Customer demand for some finished good is forecast at 1,000 units for January, 2,000 units for February, and 3,000 units for March. If the company that produces this finished good has nothing in inventory at the beginning of January, how much should it plan to produce during the month of March, if it wants to follow a level production schedule that leaves it with nothing in inventory at the end of March?

Customer demand for some finished good is forecast at 1,000 units for January, 2,000 units for February, and 3,000 units for March. If the company that produces this finished good has nothing in inventory at the beginning of January, how much should it plan to produce during the month of March, if it wants to follow a level production schedule that leaves it with nothing in inventory at the end of March?

Practical Management Science
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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Customer demand for some finished good is forecast at 1,000 units for January, 2,000 units for February, and 3,000 units for March. If the company that produces this finished good has nothing in inventory at the beginning of January, how much should it plan to produce during the month of March, if it wants to follow a level production schedule that leaves it with nothing in inventory at the end of March?
Transcribed Image Text:Customer demand for some finished good is forecast at 1,000 units for January, 2,000 units for February, and 3,000 units for March. If the company that produces this finished good has nothing in inventory at the beginning of January, how much should it plan to produce during the month of March, if it wants to follow a level production schedule that leaves it with nothing in inventory at the end of March?
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