Question: (i) (3 points) Assuming excess demand is back-ordered, what is the number of back-orders in March? Answer: _________ (show your calculations) (ii) (2 points) Assuming

(i) (3 points) Assuming excess demand is

(i) (3 points) Assuming excess demand is back-ordered, what is the number of back-orders in March?

Answer: _________ (show your calculations) (ii) (2 points) Assuming excess demand is lost, what is the number of lost sales in March? Answer: ___________ (show your calculations) (iii) (3 points) Assuming excess demand is lost, what is the closing inventory at the end of March? Answer: _________ (show your calculations)

3) (8 points) Consider the following history of supply and demand transactions for a particular part: Month Number of items Received 50 180 150 Demand during Month 220 January February March L 200 70 The starting inventory at the beginning of January is 100 units

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