Question: Q4 A firm practices a pure level strategy that sets the production level at the average demand over the next four periods. Inventory last quarter

A firm practices a pure level strategy that sets the production level at the average demand over the next four periods. Inventory last quarter was O. The extra units produced are stored in a warehouse. The extra units needed are subcontracted. Demand over the next four quarters is estimated to be 1,060, 1,078, 849, and 1,157. Production cost is $23 per unit, and Inventory cost is $6 per unit. What is the production level at this firm? keep two decimals if not exact, either round up or down is ok. For example, for 0. 1346, (0.13 or . 13) and (0.14 or . 14) are correct

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