LENT #1: A production manager needs to develop a production schedule to meet the following demand: Period 1 2 3 4 Demand 500 1300 1600 500 production costs are as follows production cost during regular time. S4 per unit cost of subcontracting $5 per unit Inventory carrying cost = $3 per unit per period Back-order costs $8 per unit per period Regular production rate: 900 units per period You can subcontract at the rate of 150 units per period only during the second and third periods. Develop a production schedule for this scenario and answer the following questions Equation: Surplus/Shortage in any period - Quantity Produced + Quantity Subcontracted Demand What is the average inventory for the first period? QUESTION 12 6 points Save Anne What is the suplus or shortage in the second period? (Hint: Use the equation given above): Enter only the number without a minus sien even if your answer is a negative number QUESTION 13 6 points Save Antw What is the inventory at the beginning of the second period? QUESTION T4 6 points Save Answer What is the average inventory for the second period? QUESTION 15 7 points Save Answer What is the surplus or shortage in the third period? (Hint: Use the equation given above): Enter only the number without a minus sign, even if your answer is a negative number QUESTION 16 7 points Save Answer What is the backlog for the third period? QUESTION 17 7 points Save Answer What is the total cost of the items subcontracted during periods 2 and 3 together? QUESTION 18 6 points Save Answer What is the total cost of carrying inventory for all the four periods together? QUESTION 19 6 points Save Answer What is the total cost of the backlog for all the four periods together? QUESTION 20 7 points Save Answer What is the total cost of meeting the demand for the four periods is (Note: you have to add all the costs); LENT #1: A production manager needs to develop a production schedule to meet the following demand: Period 1 2 3 4 Demand 500 1300 1600 500 production costs are as follows production cost during regular time. S4 per unit cost of subcontracting $5 per unit Inventory carrying cost = $3 per unit per period Back-order costs $8 per unit per period Regular production rate: 900 units per period You can subcontract at the rate of 150 units per period only during the second and third periods. Develop a production schedule for this scenario and answer the following questions Equation: Surplus/Shortage in any period - Quantity Produced + Quantity Subcontracted Demand What is the average inventory for the first period? QUESTION 12 6 points Save Anne What is the suplus or shortage in the second period? (Hint: Use the equation given above): Enter only the number without a minus sien even if your answer is a negative number QUESTION 13 6 points Save Antw What is the inventory at the beginning of the second period? QUESTION T4 6 points Save Answer What is the average inventory for the second period? QUESTION 15 7 points Save Answer What is the surplus or shortage in the third period? (Hint: Use the equation given above): Enter only the number without a minus sign, even if your answer is a negative number QUESTION 16 7 points Save Answer What is the backlog for the third period? QUESTION 17 7 points Save Answer What is the total cost of the items subcontracted during periods 2 and 3 together? QUESTION 18 6 points Save Answer What is the total cost of carrying inventory for all the four periods together? QUESTION 19 6 points Save Answer What is the total cost of the backlog for all the four periods together? QUESTION 20 7 points Save Answer What is the total cost of meeting the demand for the four periods is (Note: you have to add all the costs)