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Your company has the following aggregate demand requirements for the next six months Month 1 2 3 4 5 6 Demand 1 1 0 0
Your company has the following aggregate demand requirements for the next six months
Month
Demand
Assume also the following parameters
Previous month production units
Beginning inventory units
Regular production cost AED unit
Firing cost AED unit
Hiring cost AED unit
Inventory holding cost AED unitmonth
Which of the Chase and Level production plans is better?
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