2.11 A company wants to develop a level production plan for a family of products. The open- ing inventory is 100 units, and an increase to 130 units is expected by the end of the plan. The demand for each month is given in what follows. Calculate the total production, daily production, and production and ending inventory for each month. Month May Jun Jul Aug Total Working Days 21 19 20 10 Forecast Demand 115 125 140 150 Planned Production Planned Inventory 100

2.11 A company wants to develop a level production plan for a family of products. The open- ing inventory is 100 units, and an increase to 130 units is expected by the end of the plan. The demand for each month is given in what follows. Calculate the total production, daily production, and production and ending inventory for each month. Month May Jun Jul Aug Total Working Days 21 19 20 10 Forecast Demand 115 125 140 150 Planned Production Planned Inventory 100

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter5: Elasticity Of Demand And Supply

Section: Chapter Questions

Problem 14PAE

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