Question $3$

ASSUMING AN INITIAL PRODUCTION PLAN OF $120000$ UNITS, WHICH STATEMENT IS

INCORRECT?

The minimum number of units to be manufactured by the production department will be $96000$

units.

The maximum number of units to be manufactured by the production department will be $144000$

units.

If there is no inventory at the beginning of the period, and if market demand is $50000$ units, the

inventory at end of the period will be $70000.$

If there is no inventory at the beginning of the period, and if the market demand is $130000$ units,

there will be no inventory at end of the period.