The demand information is given below. Month Demand Jan 1,900 Feb 2,900 Mar Apr May Jun 4,800 5,800 5,800 1,950 A worker can produce 25 units per month. Assume that the beginning inventory in January is 800 units, and the firm desires to have 150 units of inventory at the end of June. a. Use a chase production strategy to compute the monthly production, ending inventory/(backlog) and workforce levels. Do not round intermediate calculations. Round your answers to the nearest whole number. Use a minus sign to enter a negative value, if any. If your answer is zero, enter "0". Month Demand Jan 1,900 Feb Mar Apr May Jun 2,900 4,800 5,800 5,800 1,950 Production 1100 2900 4800 5800 5800 2100 Ending inventory Workforce 800 0 0 150 44 116 192 232 232 84 b. Use a level production strategy to compute the monthly production, ending inventory/(backlog) and workforce levels. Do not round intermediate calculations. Round your answers to the nearest whole number. Use a minus sign to enter a negative value, if any. If your answer is zero, enter "0".
The demand information is given below. Month Demand Jan 1,900 Feb 2,900 Mar Apr May Jun 4,800 5,800 5,800 1,950 A worker can produce 25 units per month. Assume that the beginning inventory in January is 800 units, and the firm desires to have 150 units of inventory at the end of June. a. Use a chase production strategy to compute the monthly production, ending inventory/(backlog) and workforce levels. Do not round intermediate calculations. Round your answers to the nearest whole number. Use a minus sign to enter a negative value, if any. If your answer is zero, enter "0". Month Demand Jan 1,900 Feb Mar Apr May Jun 2,900 4,800 5,800 5,800 1,950 Production 1100 2900 4800 5800 5800 2100 Ending inventory Workforce 800 0 0 150 44 116 192 232 232 84 b. Use a level production strategy to compute the monthly production, ending inventory/(backlog) and workforce levels. Do not round intermediate calculations. Round your answers to the nearest whole number. Use a minus sign to enter a negative value, if any. If your answer is zero, enter "0".
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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