2. A company has forecasted the following monthly requirements of an item, influenced by seasonal fac- tors
Question:
2. A company has forecasted the following monthly requirements of an item, influenced by seasonal fac- tors in unit. The likely production days/months are also given as below:
(a) Prepare a chart showing the daily demand requirements.
(b) Plot the demand as a histogram.
(c) Determine the production rate required to meet average demand and plot this as a dotted line on the graph.
Step by Step Answer:
Related Book For
Production And Operations Management
ISBN: 9780071077927
1st Edition
Authors: McGraw-Hill Education India
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