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2.) To calculate the monthly increase production, the following formula is used for the first month, .. If (Demand Production, production - increase production,0) b.

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2.) To calculate the monthly increase production, the following formula is used for the first month, .. If (Demand Production, production - increase production,0) b. If (Demand >0, 0, production - Starting Production Level) c. If (Max (Decrease production, increase production) >0, Production - Starting Production Level,0) 4. None of the above. 22) To calculate the monthly End Inventory, the following formula is used: a. Average (Start inventory, end Inventory, Production) Demand b. Average (Decrease production, increase production, Start inventory, end Inventory) - Demand Start inventory + Production + end Inventory (of the previous month)- Demand . None of the above. 23) The company is considering introducing an overtime strategy, if the straight labor hours are more than 400 than an overtime cost of $40 per hour occurs. The first month overtime cost can be calculated using the following model: a. If (Production

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