Question: . An operations planner, Lovell Bradley, is developing a sales and operations plan that involves backorders. The companys demand and production rates for the next

.

An operations planner, Lovell Bradley, is developing a sales and operations plan that involves backorders. The companys demand and production rates for the next eight periods are as follows

X= 38

Period

Demand

Production

1

8,200 (X*10)

7,600

2

10,500 + (X*10)

8,100

3

7,500 (X*10)

8,000

4

6,600 + (X*10)

8,400

5

9,200 + (X*10)

8,600

6

8,000 (X*10)

7,700

7

6,500 (X*10)

8,100

8

8,000 + (X*10)

8,000

Beginning inventory at the start of period 1 is X*2 units. Calculate beginning inventory, ending inventory, average inventory, and the backorder amount, if any, for each of the next eight periods. (25 points)

Period:

1

2

3

4

5

6

7

8

Beginning Inventory

Production

Demand

Ending Inventory

Average Inventory

Backorders

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!