The Northwoods GeneralStore

The Northwoods General Store in Vermont sells various outdoor clothing items and equipment and several food products at its modern but rustic-looking retail store. Its food products include salmon and maple syrup. The store also runs a lucrative catalog operation. One of its most popular products is maple syrup, sold in metal half-gallon cans with a picture of the store on the front.

Maple syrup was one of the first products the store produced and sold, and it continues to do so. Settingupthesyrup-makingequipment toproduceabatchof syrupcosts$450.Storingthesyrupfor salesthroughouttheyearistricky becausethesyrupmustbekeptinatemperature-controlledfacility. The annual cost of carrying a gallon of syrup is$15. Based on past sales data, the store hasforecasted a demand of 7,500 gallons of maple syrup for the coming year. The store can produce approximately 100 gallons of syrup per day during the maple syrup season, from February through May.

Because of the short season when the store canget sap out of trees, it obviously must produce enough during this 4-month season to meet thedemand for the whole year. Specifically, store managementwouldlikeaproductionandinventoryschedule thatminimizescostsandindicateswhen they need to start operating the syrup-making facility full-time daily to meet the demand for theremaining eight (8)months.

INSTRUCTION:Discuss which inventory management control best fits the case study.