NowJuice, Inc. produces bottled pickle juice. A planner has developed an aggregate forecast for demand (in cases)

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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 inventory is zero.

Month	May	June	July	August
Forecast	732	616	550	471

	Cost Per Unit	Monthly Capacity
Regular Production	15.70	400
Overtime Production	1.5 x Regular Prod Cost	400

What is the TOTAL cost of the LEVEL plan over the planning horizon?

Posted Date: May 18, 2024 08:00 AM

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NowJuice, Inc. produces bottled pickle juice. A planner has developed an aggregate forecast for demand (in cases)

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