SPREADSHEET PROBLEMS 1. Given the following production plan, use a (a) chase production strategy and (b) level production strategy to compute the monthly production, ending inventory/(back- log), and workforce levels. A worker can produce 100 units per month. Assume the

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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SPREADSHEET
PROBLEMS
1. Given the following production plan, use a (a) chase production strategy and (b) level
production strategy to compute the monthly production, ending inventory/(back-
log), and workforce levels. A worker can produce 100 units per month. Assume the
Transcribed Image Text:SPREADSHEET PROBLEMS 1. Given the following production plan, use a (a) chase production strategy and (b) level production strategy to compute the monthly production, ending inventory/(back- log), and workforce levels. A worker can produce 100 units per month. Assume the
beginning inventory as of January is 0, and the firm desires to have zero inventory at
the end of June.
MONTH
Demand
Production
Ending Inventory
Workforce
MAR APR
MAY JUN
2,000 3,000 5,000 6,000 6,000 2,000
JAN FEB
Transcribed Image Text:beginning inventory as of January is 0, and the firm desires to have zero inventory at the end of June. MONTH Demand Production Ending Inventory Workforce MAR APR MAY JUN 2,000 3,000 5,000 6,000 6,000 2,000 JAN FEB
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