Question: A production planner for the XYZ company is developing a production plan for the next 6 month. Demand is as shown below: Month Demand 1
A production planner for the XYZ company is developing a production plan for the next 6 month. Demand is as shown below: Month Demand 1 110 2 120 3 160 4 180 5 90 6 92 There is a beginning inventory in period 1 of 50 units. How much should XYZ produce each month if management wishes to have a level production plan where backorders are acceptable and keep ending inventory in month 6 as low as possible.
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