The forecasted demand for fudge for the next four months is 140, 160, 90, and 70 pounds.

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The forecasted demand for fudge for the next four months is 140, 160, 90, and 70 pounds.  a. What is the recommended production rate if a level strategy is adopted with no back orders 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? 

Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula                Ending Inventory Formula =...
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OM6 operations supply chain management

ISBN: 978-1305664791

6th edition

Authors: David Alan Collier, James R. Evans

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