2.8. A company wants to develop a level production plan for a family of products. The opening...
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2.8. A company wants to develop a level production plan for a family of products. The opening inventory is 500 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 in each period? What will be the ending inventory values in each period? Do you see any problems with the plan?
Week 1
2 3
4 5
6 Total Forecast Demand 1000 1200 1100 950 1000 1050 Planned Production Planned Inventory 500
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Introduction To Materials Management
ISBN: 9781292162355
8th Global Edition
Authors: J. R. Tony Arnold, Chapman, Stephen N., Lloyd M. Clive
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