Question: answer both A firm practices a pure level strategy that sets the production level at the average demand over the next four periods. Inventory last
answer both
A firm practices a pure level strategy that sets the production level at the average demand over the next four periods. Inventory last quarter was 0. The extra units produced are stored in a warehouse. The extra units needed are subcontracted. Demand over the next four quarters is estimated to be 1,023, 1,023, 1,172, and 994. Production cost is $20 per unit, and Inventory cost is $5 per unit. What is the production cost at this firm? Input should be an exact number (for example, 5 or 10). Question 6 14 pts A firm practices a pure level strategy that sets the production level at the average demand over the next four periods. Inventory last quarter was 0. The extra units produced are stored in a warehouse. The extra units needed are subcontracted. Demand over the next four quarters is estimated to be 881, 1,007, 933, and 1,041. Production cost is $19 per unit, and Inventory cost is $6 per unit. How much is the cost of carrying the inventory accumulated during the first period? keep two decimals if not exact, either round up or down is ok. For example, for 0.1346, (0.13 or 13) and (0.14 or.14) are correct
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