Question: question 1 question 2 A firm practices a pure level strategy that sets the production level at the average demand over the next four periods.

question 1 question 1 question 2 A firm practices a pure

question 2

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 0. 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 844, 1,061,985, and 872. Production cost is $16 per unit, and Inventory cost is $5 per unit. What is the production cost at this firm? Input should be an exact number (for example, 5 or 10). 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 0. 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 871, 969, 1,002, and 973. Production cost is $18 per unit, and Inventory cost is $7 per unit. How much inventory does the firm accumulate during the first period? keep two decimals ir 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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