Question: Replace X with 32 and please show formulas in excel!! 2. An operations planner, Lovell Bradley, is developing a sales and operations plan that involves
Replace X with 32 and please show formulas in excel!!
2. An operations planner, Lovell Bradley, is developing a sales and operations plan that involves backorders. The companys demand and production rates for the next eight periods are as follows
| Period | Demand | Production |
| 1 | 8,200 (X*10) | 7,600 |
| 2 | 10,500 + (X*10) | 8,500 |
| 3 | 7,500 (X*10) | 8,000 |
| 4 | 6,600 + (X*10) | 8,400 |
| 5 | 9,200 + (X*10) | 8,600 |
| 6 | 8,000 (X*10) | 7,700 |
| 7 | 6,500 (X*10) | 8,100 |
| 8 | 8,000 + (X*10) | 8,000 |
Beginning inventory at the start of period 1 is X*2 units. Calculate beginning inventory, ending inventory, average inventory, and the backorder amount, if any, for each of the next eight periods. (25 points)
| Period: | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| Demand |
|
|
|
|
|
|
|
|
| Production |
|
|
|
|
|
|
|
|
| Beginning Inventory |
|
|
|
|
|
|
|
|
| Ending Inventory |
|
|
|
|
|
|
|
|
| Average Inventory |
|
|
|
|
|
|
|
|
| Backorders |
|
|
|
|
|
|
|
|
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
