Problem 2.6

2.6. A production line is to run at 1000 units per month. Sales are forecast as shown in the following. Calculate the expected period-end inventory. The opening inventory is 600 units. All periods have the same number of working days.

Problem 2.8

2.8. A company wants to develop a level production plan for a family of products. The opening inventory is 550 units, and a decrease to 200 units is expected by the end of the plan. The demand for each of the periods is given in what follows. All periods have the same number of working days. How much should the company produce each period? What will be the ending inventories in each period? Do you see any problems with the plan?

\begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multicolumn{2}{|l|}{ Period } & 1 & 2 & 3 & 4 & 5 & 6 \\ \hline \multicolumn{2}{|l|}{ Forecast } & 750 & 800 & 1050 & 1600 & 1000 & 850 \\ \hline \multicolumn{2}{|c|}{ Planned Production } & 1000 & 1000 & 1000 & 1000 & 1000 & 1000 \\ \hline \begin{tabular}{l} Planned \\ Inventory \end{tabular} & 600 & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{2}{|l|}{ Period } & 1 & 2 & 3 & 4 & 5 & 6 & Total \\ \hline \multicolumn{2}{|c|}{ Forecast Demand } & 1300 & 1200 & 800 & 600 & 800 & 900 & \\ \hline \multicolumn{2}{|c|}{ Planned Production } & & & & & & & \\ \hline \begin{tabular}{l} Planned \\ Inventory \end{tabular} & 550 & & & & & & & \\ \hline \end{tabular}