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1. Given the following production plan, use a chase production strategy to compute the monthly production, ending inventory (backlog), net requirements and required workforce levels.
1. Given the following production plan, use a chase production strategy to compute the monthly production, ending inventory (backlog), net requirements and required workforce levels. A worker can produce 75 units per month. Assume that the beginning inventory in January is 700 units, and the firm desires to have 300 units of inventory at the end of June. The firm began January with 10 workers. Employees are hired as a whole person (no fractions allowed) and they work at full capacity. Month Jan Feb Mar Apr May Jun Demand 2125 3000502560004875 2250 (a) Chase production strategy Month Demand Beginning Inv. Net Requirements Beginning Workers Hired Fired Available Workers Regular Production Ending Inventory JanFebMar AprMay Jun 10
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