Question: Given the following production plan, use a ( a ) chase production strategy and ( b ) level production strategy to compute the monthly production,

Given the following production plan, use a (a) chase production strategy and (b) level production strategy to compute the monthly production, ending inventory/(backlog) and workforce levels. A worker can produce 50 units per month. Assume that the beginning inventory in January is 500 units, and the firm desires to have 200 units of inventory at the end of June.
\table[[Month,Jan.,Feb.,Mar.,Apr.,May,Jun.],[Demand,2000,3000,5000,6000,6000,2000],[Production,,,,,,],[\table[[Ending],[Inventory]],,,,,,],[Workforce,,,,,,]]
In a level production strategy, what is the inventory/backlog in May (enter backlog as a negative number)?
 Given the following production plan, use a (a) chase production strategy

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!