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Demand over the next four months are 4 5 0 , 5 0 0 , 3 5 0 , and 4 0 0 respectively. Regular
Demand over the next four months are and respectively. Regular time production costs $ per item, and we can make a maximum of items in a given month in regular time. Overtime production costs $ per item, and as many as items may be produced in overtime each month in addition to the regular time production
Keeping an item in inventory incurs a cost of $ per period; backorders cost $ per period per item.
If we follow a level strategy of production, what would be the production quantity each month?
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