Question: 2. Prepare the master production schedule by using the information below (use the table below to prepare the schedule, but explain your findings step by

2. Prepare the master production schedule by using the information below (use the table below to prepare the schedule, but explain your findings step by step)(15 points):

Demand is estimated to be 80 units in the first 2 weeks, and 60 units in the following weeks. At the beginning of the first period there are 55 units of inventory. Each time a production is required, a fixed lot size of 85 units is to be produced. The amounts ordered by the customers are shown in the table below:

Period

Customer orders

1

82

2

80

3

60

4

40

5

20

Beginning inventory=

1

2

3

4

5

Forecasted demand

Customer orders

Projected on hand inventory

Master Production Schedule

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