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The forecast demand for fudge for the next four months is 120, 160, 20, and 60 pounds. a. What is the recommended production rate if a level strategy is adopted with no backorders or stock outs?  b. What is the ending inventory for Month 4 under this plan?  c. What is the level production rate with no ending inventory in month 4.

The forecast demand for fudge for the next four months is 120, 160, 20, and 60 pounds. a. What is the recommended production rate if a level strategy is adopted with no backorders or stock outs?  b. What is the ending inventory for Month 4 under this plan?  c. What is the level production rate with no ending inventory in month 4.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The forecast demand for fudge for the next four months is 120, 160, 20, and 60 pounds.

a. What is the recommended production rate if a level strategy is adopted with no backorders or stock outs? 

b. What is the ending inventory for Month 4 under this plan? 

c. What is the level production rate with no ending inventory in month 4. 

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