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3. Kosar Manufacturing has collected the following information on one of its major products. Most efficient production rate = 2141 units per period Production change
3. Kosar Manufacturing has collected the following information on one of its major products. Most efficient production rate = 2141 units per period Production change costs = $30 per unit of change Inventory costs = $8 per unit per period (on closing inventory balance) Backorder costs = $14 per unit to carry demand into next period Beginning inventory =410 units Period Demand (units) 1 3041 2 2,300 3 1841 4 2,800 5 2041 6 2,300 Calculate a level production schedule that yields X inventory at the end of period 6. Total Production Ending Inventory Regular Production Extra Production Demand Quarter 0 1 2 3 4 5 6 What is the total cost of this solution? What is the total inventory cost of this solution? (25 points) Extra production Inventory Backorder Costs Total cost
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