Can you explain how they got these numbers? I have no idea where the numbers for ending inventory came from. Or explain how to do a level plan analysis. Level Plan AnalysisPlan: LevelMonth12Demand3000 4000Production 4000 40001000EndinginventoryStockouts10000Labor (30 beginning)WorkersHiresLayoffs401000400034400050004000 4000100000400004000560004000020004000Total200024,0004000 24,000300060040002000240100

A level plan is a technique according to which the production is balanced as per the demand over a…

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Business

Operations Management

I have no idea where the numbers for ending inventory came from.

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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Question

Can you explain how they got these numbers? I have no idea where the numbers for ending inventory came from. Or explain how to do a level plan analysis.

Level Plan Analysis
Plan: Level
Month
1
2
Demand
3000 4000
Production 4000 4000
1000
Ending
inventory
Stockouts
1000
0
Labor (30 beginning)
Workers
Hires
Layoffs
40
10
0
0
40
0
0
3
4
4000
5000
4000 4000
1000
0
0
40
0
0
0
40
0
0
5
6000
4000
0
2000
40
0
0
Total
2000
24,000
4000 24,000
3000
6
0
0
40
0
0
2000
240
10
0

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