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Homework 3c over Chapter 6 Given the following production plan, use a (a) chase production strategy and (b) level production strategy to compute the monthly
Homework 3c over Chapter 6
Given the following production plan, use a (a) chase production strategy and (b) level production strategy to compute the monthly production, ending inventory/(backlog) and workforce levels. A worker can produce 50 units per month. Assume that the beginning inventory in January is 500 units, and the firm desires to have 200 units of inventory at the end of June.
Month | Jan | Feb | Mar | Apr | May | Jun |
Demand | 2000 | 3000 | 5000 | 6000 | 6000 | 2000 |
Production |
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Ending Inventory |
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Workforce |
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