For the following data, calculate the number of workers required for level production and the resulting month-end

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For the following data, calculate the number of workers required for level production and the resulting month-end inventories. Each worker can produce 15 units per day, and the desired ending inventory is 9000 units.

1 3 4 Month Total Working Days 20 24 19 12 Forecast Demand 27,500 28,500 28,500 28,000 Planned Production Planned Invent

Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...

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Introduction To Materials Management

ISBN: 978-9386873248

8th edition

Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen

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Question Posted: Jun 19, 2019 11:06 AM

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For the following data, calculate the number of workers required for level production and the resulting month-end

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1 3 4 Month Total Working Days 20 24 19 12 Forecast Demand 27,500 28,500 28,500 28,000 Planned Production Planned Inventory 11,250 2.

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Total production 112500 9000 11250 110250 units Daily production 110000 75 14...View the full answer

Introduction To Materials Management

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