Period 1 3 5 Total Forecast Demand 1300 1200 800 600 800 900 Planned Production Planned 550 Inventory 4. 2.

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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A company wants to develop a level production plan for a family of products. The opening inventory is 550 units, and a decrease to 200 units is expected by the end of the plan.
The demand for each of the periods is given in what follows. All periods have the same
number of working days. How much should the company produce each period? What
will be the ending inventories in each period? Do you see any problems with the plan?

Period
1
3
5
Total
Forecast Demand
1300
1200
800
600
800
900
Planned Production
Planned
550
Inventory
4.
2.
Transcribed Image Text:Period 1 3 5 Total Forecast Demand 1300 1200 800 600 800 900 Planned Production Planned 550 Inventory 4. 2.
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