Question: Given that beginning inventory level is 960 units, total forecasted demand over the next 12 months is 13,400 units, and desired ending inventory level at
Given that beginning inventory level is 960 units, total forecasted demand over the next 12 months is 13,400 units, and desired ending inventory level at the end of the 12th month is 1,000 units, what is the cost of production per month if a level strategy is used and per unit cost of production is $32? (round to the nearest integer)
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