i) What is the ending inventory for September?

k) Can you meet the desired inventory level at the end of December with this problem?

l) What is the total cost?

m) What month has the highest ending inventory level?

n) What month has the highest backorder cost?

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 100 units per month. Assume that the beginning inventory in January is 2200 units, and the firm desires to have 1000 units of inventory at the end of December. Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Demand 15,400 13,250 9,000 9,700 14,650 16,000 22,400 23,100 19,050 17,400 14,000 12,300 Use the following information to answer questions. Materials = Holding costs = Marginal cost of backorder= Hiring and training cost = Layoff costs = Straight time labor cost/hr. $75 $15 $20 $250 $300 $18 Beginning Workers Beginning inventory = Productive hours/worker/day = Paid straight hrs/day = Working days per month Units per worker per month Ending Inventory goal (December) 110 2200 7.25 8 20 100 1000