Question: These exercises require you to apply the formulas and methods described in the chapter. The problems should be solved manually. 25. 14.3 The forecast demand
These exercises require you to apply the formulas and methods described in the chapter. The problems should be solved manually. 25. 14.3 The forecast demand for fudge for the next four months is 120,160,20, and 70 pounds. a. What is the recommended production rate if a level strategy is adopted with no backorders or stock outs? What is the ending inventory for Month 4 under this plan? b. What is the level production rate with no ending inventory in month 4
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