Question: A company wants to develop a level production plan for a family of products. The opening inventory is 100 units. The demand for each of

A company wants to develop a level production plan for a family of products. The opening inventory is 100 units. The demand for each of the periods is given in what follows. All periods have the same number of working days. Period 1 2 3 4 5 6 Total Forecast Demand 875 1100 1220 835 1050 980 Planned Production Planned Inventory a. How much should the company produce each period? b. What will be the ending inventories in each period? c. Do you see any problems with the plan? d. If it cost of carrying inventory is $2.50 per unit per period based on ending inventory, what is the total cost of carrying inventory?

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