Question: Right now is Oct 27, 2021. You are developing an aggregate production plan for 2022. Suppose the beginning inventory at the first quarter of 2022

Right now is Oct 27, 2021. You are developing an aggregate production plan for 2022. Suppose the beginning inventory at the first quarter of 2022 is estimated to be 100 units. The forecasted demand for Quarter 1 through Quarter 4 of 2022 are 1,025, 1,638, 1,130, and 1,225 units, respectively. The cost of overtime production is $53 per unit and the cost of holding inventory is $4.64 per unit per quarter. You want to use the level production plan with overtime. Consequently, you set a constant regular-time production at 1,389 units in each quarter of 2022. If the demand in each quarter must be satisfied, what is the ending inventory in Quarter 3 of 2022? Gor Mac

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