Question: Correct answer is 69.5 please explain how we can get that answer . Question 14 Df1pts inventory is zero. Month May June July August Forecast

Correct answer is 69.5 please explain how we can get that answer

. Question 14 Df1pts inventory is zero. Month May June July August Forecast 662 490 7'65 526 NowJuice, Inc. produces bottled pickle juice. A planner has developed an aggregate forecast for demand (in cases) for the next four months. Use the following information to develop an aggregate plan using the LEVEL strategy. Inventory holding cost is $1 per month per case and backlog cost is $5 per month per case. Beginning Cost Per Unit Monthly Capacity Regular Production 14.04 400 Overtime Production 1.5 x Regular Prod Cost 400 ? i/ 69.5 margin of error +I- 0.001 What is the cost of holding inventory over the planning horizon using the LEVEL plan

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